Index Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
S&P 500 Air Freight & Logistics (Industry) (CME:SP500-203010)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 SP500-203010
The long term trend has been DOWN since May 7th, 2019 at 627.23
The intermediate term trend has been UP since Jun 13th, 2019 at 609.12
The short term trend has been UP since Jun 4th, 2019 at 584.41
Smart Scan Analysis for SP500-203010
Based on a pre-defined weighted trend formula for chart analysis, SP500-203010 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||837.5||52wk High Date||2018-01-18|
|52wk Low||658.9||52wk Low Date||2018-10-29|