Index Trend Analysis Report
Prepared for you on Thursday, January 23, 2020.
S&P 500 Data Processing & Outsourced Services (Sub Ind) (CME:SP500-45102020)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SP500-45102020
The long term trend has been UP since Sep 5th, 2019 at 1314.32
The intermediate term trend has been UP since Oct 17th, 2019 at 1278.28
The short term trend has been UP since Jan 2nd, 2020 at 1356.79
Smart Scan Analysis for SP500-45102020
Based on a pre-defined weighted trend formula for chart analysis, SP500-45102020 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1079.35||52wk High Date||2018-10-01|
|52wk Low||785.36||52wk Low Date||2017-12-05|