Index Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
S&P TOTAL MARKET INDEX HOUSEHOLD & PERSO (CME:STM3030)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for STM3030
The long term trend has been UP since Dec 15th, 2017 at 2229.76
The intermediate term trend has been UP since Jan 22nd, 2018 at 2250.15
The short term trend has been UP since Jan 17th, 2018 at 2220.51
Smart Scan Analysis for STM3030
Based on a pre-defined weighted trend formula for chart analysis, STM3030 scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2257.95||52wk High Date||2017-12-27|
|52wk Low||2033.5||52wk Low Date||2017-01-27|