Index Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
S&P 400 INDUSTRIAL REITS (CME:SP400-60101020)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 SP400-60101020
The long term trend has been UP since Jan 30th, 2019 at 148.35
The intermediate term trend has been DOWN since Apr 22nd, 2019 at 157.19
The short term trend has been DOWN since May 20th, 2019 at 159.65
Smart Scan Analysis for SP400-60101020
Based on a pre-defined weighted trend formula for chart analysis, SP400-60101020 scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||154.9||52wk High Date||2018-08-20|
|52wk Low||121.01||52wk Low Date||2018-02-09|