Index Trend Analysis Report
Prepared for you on Friday, May 24, 2019.
S&P 400 SPECIALIZED REITS (CME:SP400-60101080)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SP400-60101080
The long term trend has been UP since May 1st, 2019 at 173.28
The intermediate term trend has been UP since Mar 28th, 2019 at 164.30
The short term trend has been DOWN since May 20th, 2019 at 173.24
Smart Scan Analysis for SP400-60101080
Based on a pre-defined weighted trend formula for chart analysis, SP400-60101080 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||189.29||52wk High Date||2018-09-13|
|52wk Low||151.84||52wk Low Date||2018-02-09|