Index Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
S&P 400 Wireless Telecommunication Services (Sub Ind) (CME:SP400-50102010)
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 SP400-50102010
The long term trend has been DOWN since Mar 28th, 2019 at 228.63
The intermediate term trend has been UP since Jun 18th, 2019 at 230.45
The short term trend has been UP since Jul 16th, 2019 at 237.72
Smart Scan Analysis for SP400-50102010
Based on a pre-defined weighted trend formula for chart analysis, SP400-50102010 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||268.74||52wk High Date||2018-11-28|
|52wk Low||175.91||52wk Low Date||2018-02-09|