Index Trend Analysis Report
Prepared for you on Tuesday, March 19, 2019.
S&P COMPOSITE 1500 PAPER PRODUESTS SUB (CME:SP1500-15105020)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 SP1500-15105020
The long term trend has been UP since Feb 20th, 2019 at 219.96
The intermediate term trend has been DOWN since Mar 7th, 2019 at 207.86
The short term trend has been UP since Mar 19th, 2019 at 205.44
Smart Scan Analysis for SP1500-15105020
Based on a pre-defined weighted trend formula for chart analysis, SP1500-15105020 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||250.16||52wk High Date||2018-01-29|
|52wk Low||185.53||52wk Low Date||2018-11-28|