Index Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
SP 1500 - DIVERSIFIED FINANCIALS (CME:SP1500-4020)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
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 SP1500-4020
The long term trend has been DOWN since Oct 11th, 2018 at 698.73
The intermediate term trend has been UP since Mar 18th, 2019 at 703.05
The short term trend has been DOWN since Mar 20th, 2019 at 690.06
Smart Scan Analysis for SP1500-4020
Based on a pre-defined weighted trend formula for chart analysis, SP1500-4020 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||786.11||52wk High Date||2018-01-29|
|52wk Low||658.31||52wk Low Date||2018-10-26|