Index Trend Analysis Report
Prepared for you on Friday, April 19, 2019.
S&P 500 INSURANCE BROKERS SUB IND (CME:SP500-40301010)
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 SP500-40301010
The long term trend has been UP since Feb 1st, 2019 at 740.11
The intermediate term trend has been UP since Apr 1st, 2019 at 771.20
The short term trend has been DOWN since Apr 17th, 2019 at 782.93
Smart Scan Analysis for SP500-40301010
Based on a pre-defined weighted trend formula for chart analysis, SP500-40301010 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||739||52wk High Date||2018-11-19|
|52wk Low||629.13||52wk Low Date||2018-01-02|