Index Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
S&P Composite 1500 Real Estate (Sector) (CME:SP1500-60)
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 SP1500-60
The long term trend has been DOWN since Dec 12th, 2019 at 222.39
The intermediate term trend has been UP since Dec 31st, 2019 at 228.97
The short term trend has been UP since Jan 10th, 2020 at 227.42
Smart Scan Analysis for SP1500-60
Based on a pre-defined weighted trend formula for chart analysis, SP1500-60 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).