Index Trend Analysis Report
Prepared for you on Sunday, April 21, 2019.
S&P COMP 1500 CONSTRUCTION MATERIAL SUB (CME:SP1500-15102010)
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 SP1500-15102010
The long term trend has been UP since Feb 20th, 2019 at 931.78
The intermediate term trend has been UP since Mar 21st, 2019 at 950.56
The short term trend has been UP since Apr 11th, 2019 at 992.56
Smart Scan Analysis for SP1500-15102010
Based on a pre-defined weighted trend formula for chart analysis, SP1500-15102010 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1200.47||52wk High Date||2018-01-26|
|52wk Low||710.02||52wk Low Date||2018-10-29|