Index Trend Analysis Report
Prepared for you on Saturday, October 19, 2019.
S&P 500 Integrated Telecommunication Services (Sub Ind) (CME:SP500-50101020)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 SP500-50101020
The long term trend has been UP since May 20th, 2019 at 167.99
The intermediate term trend has been UP since Oct 18th, 2019 at 183.37
The short term trend has been UP since Oct 11th, 2019 at 181.90
Smart Scan Analysis for SP500-50101020
Based on a pre-defined weighted trend formula for chart analysis, SP500-50101020 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||177.02000000||52wk High Date||2018-02-01|
|52wk Low||145.38000000||52wk Low Date||2018-05-09|