Index Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
S&P 500 Water Utilities (Industry) (CME:SP500-551040)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 SP500-551040
The long term trend has been UP since Jul 3rd, 2018 at 128.41
The intermediate term trend has been DOWN since Oct 14th, 2019 at 180.43
The short term trend has been UP since Nov 14th, 2019 at 172.61
Smart Scan Analysis for SP500-551040
Based on a pre-defined weighted trend formula for chart analysis, SP500-551040 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||139.1||52wk High Date||2018-11-19|
|52wk Low||112.02||52wk Low Date||2018-02-08|