Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2019.
S&P 400 THRIFTS & MTG FINANCE SUB (CME:SP400-40102010)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 SP400-40102010
The long term trend has been UP since Apr 12th, 2019 at 51.74
The intermediate term trend has been DOWN since May 13th, 2019 at 50.23
The short term trend has been UP since May 17th, 2019 at 50.39
Smart Scan Analysis for SP400-40102010
Based on a pre-defined weighted trend formula for chart analysis, SP400-40102010 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||59.31||52wk High Date||2018-03-16|
|52wk Low||37.44||52wk Low Date||2018-10-26|