Index Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
S&P 400 TEXTILES APPAREL & LUXURY GOODS (CME:SP400-252030)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 SP400-252030
The long term trend has been UP since Feb 11th, 2019 at 2250.41
The intermediate term trend has been UP since Jan 7th, 2019 at 1957.70
The short term trend has been UP since Mar 13th, 2019 at 2320.08
Smart Scan Analysis for SP400-252030
Based on a pre-defined weighted trend formula for chart analysis, SP400-252030 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2512.18||52wk High Date||2018-02-26|
|52wk Low||1918.31||52wk Low Date||2018-10-11|