Index Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
SPDR TRUST UNDERLYINGTRADING VALUE (PACF:SPY.IV)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SPY.IV
The long term trend has been UP since Jul 13th, 2018 at 279.4663
The intermediate term trend has been UP since Jul 9th, 2018 at 277.1376
The short term trend has been UP since Jul 6th, 2018 at 273.0913
Smart Scan Analysis for SPY.IV
Based on a pre-defined weighted trend formula for chart analysis, SPY.IV scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||286.625||52wk High Date||2018-01-26|
|52wk Low||241.8688||52wk Low Date||2017-08-21|