Index Trend Analysis Report
Prepared for you on Monday, April 22, 2019.
S&P 500 RETAIL REITS (CME:SP500-60101070)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 SP500-60101070
The long term trend has been UP since Mar 28th, 2019 at 115.10
The intermediate term trend has been DOWN since Apr 16th, 2019 at 111.89
The short term trend has been DOWN since Apr 16th, 2019 at 113.79
Smart Scan Analysis for SP500-60101070
Based on a pre-defined weighted trend formula for chart analysis, SP500-60101070 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||113.83||52wk High Date||2018-11-12|
|52wk Low||91.47||52wk Low Date||2018-04-25|