Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
S&P 500 PREMIUM (DTN:@PRSP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 @PRSP
The long term trend has been DOWN since Sep 4th, 2018 at -14.28
The intermediate term trend has been UP since Sep 17th, 2018 at 15.76
The short term trend has been UP since Sep 21st, 2018 at 9.87
Smart Scan Analysis for @PRSP
Based on a pre-defined weighted trend formula for chart analysis, @PRSP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).