Index Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
S&P 400 (CME:SP400)
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 SP400
The long term trend has been UP since Nov 1st, 2019 at 1980.49
The intermediate term trend has been UP since Dec 12th, 2019 at 2031.00
The short term trend has been UP since Jan 8th, 2020 at 2059.28
Smart Scan Analysis for SP400
Based on a pre-defined weighted trend formula for chart analysis, SP400 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2053.06||52wk High Date||2018-08-27|
|52wk Low||1769.25||52wk Low Date||2018-10-29|