Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
CRSP US TOTAL MARKET INDEX (NASDAQ:CRSPTM1)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 CRSPTM1
The long term trend has been DOWN since Oct 11th, 2018 at 2019.05
The intermediate term trend has been DOWN since Oct 4th, 2018 at 2139.97
The short term trend has been UP since Oct 16th, 2018 at 2068.97
Smart Scan Analysis for CRSPTM1
Based on a pre-defined weighted trend formula for chart analysis, CRSPTM1 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2188.9||52wk High Date||2018-09-21|
|52wk Low||1879.11||52wk Low Date||2018-02-09|