Index Trend Analysis Report
Prepared for you on Wednesday, June 26, 2019.
S&P 400 Specialty Retail (Industry) (CME:SP400-255040)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SP400-255040
The long term trend has been DOWN since May 23rd, 2019 at 592.57
The intermediate term trend has been UP since Jun 18th, 2019 at 614.42
The short term trend has been DOWN since Jun 19th, 2019 at 600.04
Smart Scan Analysis for SP400-255040
Based on a pre-defined weighted trend formula for chart analysis, SP400-255040 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||747.44||52wk High Date||2018-08-23|
|52wk Low||559.3||52wk Low Date||2018-05-07|