Index Trend Analysis Report
Prepared for you on Saturday, January 25, 2020.
S&P Composite 1500 - Equity Real Estate Investment Trusts (REITs) (Industry) (CME:SP1500-601010)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 SP1500-601010
The long term trend has been UP since Jan 22nd, 2020 at 237.21
The intermediate term trend has been UP since Dec 31st, 2019 at 228.75
The short term trend has been UP since Jan 10th, 2020 at 226.99
Smart Scan Analysis for SP1500-601010
Based on a pre-defined weighted trend formula for chart analysis, SP1500-601010 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).