Index Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
S&P 500 Diversified Telecommunication Services (Industry) (CME:SP500-501010)
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 SP500-501010
The long term trend has been UP since Mar 27th, 2019 at 161.79
The intermediate term trend has been UP since Aug 19th, 2019 at 163.92
The short term trend has been DOWN since Sep 16th, 2019 at 174.38
Smart Scan Analysis for SP500-501010
Based on a pre-defined weighted trend formula for chart analysis, SP500-501010 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||171.94||52wk High Date||2018-02-01|
|52wk Low||142.36||52wk Low Date||2018-05-09|