Index Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
S&P 400 Consumer Finance (Industry) (CME:SP400-402020)
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 SP400-402020
The long term trend has been DOWN since Oct 2nd, 2019 at 73.14
The intermediate term trend has been UP since Jan 16th, 2020 at 76.11
The short term trend has been UP since Jan 14th, 2020 at 74.80
Smart Scan Analysis for SP400-402020
Based on a pre-defined weighted trend formula for chart analysis, SP400-402020 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||134.23||52wk High Date||2018-04-24|
|52wk Low||101.3||52wk Low Date||2018-11-20|