Index Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
S&P Composite 1500 Restaurants (Sub Ind) (CME:SP1500-25301040)
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 SP1500-25301040
The long term trend has been UP since Jan 9th, 2020 at 1670.53
The intermediate term trend has been UP since Nov 26th, 2019 at 1569.71
The short term trend has been UP since Jan 15th, 2020 at 1666.58
Smart Scan Analysis for SP1500-25301040
Based on a pre-defined weighted trend formula for chart analysis, SP1500-25301040 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1428.13||52wk High Date||2018-11-29|
|52wk Low||1139.92||52wk Low Date||2018-02-09|