Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
S&P 400 Homefurnishing Retail (Sub Ind) (CME:SP400-25504060)
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 SP400-25504060
The long term trend has been UP since Jul 1st, 2019 at 118.88
The intermediate term trend has been DOWN since Nov 5th, 2019 at 125.57
The short term trend has been UP since Dec 6th, 2019 at 123.29
Smart Scan Analysis for SP400-25504060
Based on a pre-defined weighted trend formula for chart analysis, SP400-25504060 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||127.85||52wk High Date||2018-08-24|
|52wk Low||94.46||52wk Low Date||2018-05-09|