Index Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
S&P 500 HOTELS RESORTS & CRUISE LINES (CME:SP500-25301020)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 SP500-25301020
The long term trend has been DOWN since Dec 20th, 2018 at 476.98
The intermediate term trend has been UP since Jan 15th, 2019 at 491.48
The short term trend has been UP since Mar 13th, 2019 at 546.00
Smart Scan Analysis for SP500-25301020
Based on a pre-defined weighted trend formula for chart analysis, SP500-25301020 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||644.11||52wk High Date||2018-01-30|
|52wk Low||476.98||52wk Low Date||2018-10-29|