Index Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
S&P 400 MULTI UTIL INDUSTRY (CME:SP400-551030)
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 SP400-551030
The long term trend has been UP since Feb 8th, 2019 at 388.79
The intermediate term trend has been UP since Jan 17th, 2019 at 370.02
The short term trend has been UP since Mar 22nd, 2019 at 401.81
Smart Scan Analysis for SP400-551030
Based on a pre-defined weighted trend formula for chart analysis, SP400-551030 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||387.45||52wk High Date||2018-07-06|
|52wk Low||318.1||52wk Low Date||2018-02-06|