Index Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
S&P 400 Managed Health Care (Sub Ind) (CME:SP400-35102030)
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 SP400-35102030
The long term trend has been DOWN since Dec 21st, 2018 at 877.41
The intermediate term trend has been UP since Oct 21st, 2019 at 925.51
The short term trend has been UP since Nov 15th, 2019 at 953.90
Smart Scan Analysis for SP400-35102030
Based on a pre-defined weighted trend formula for chart analysis, SP400-35102030 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1282.19||52wk High Date||2018-09-07|
|52wk Low||729.39||52wk Low Date||2018-02-15|