Index Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
S&P 500 GROWTH (CME:SP500G)
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 SP500G
The long term trend has been DOWN since Dec 18th, 2018 at 1554.2248
The intermediate term trend has been UP since Jan 15th, 2019 at 1566.9400
The short term trend has been DOWN since Mar 22nd, 2019 at 1709.6600
Smart Scan Analysis for SP500G
Based on a pre-defined weighted trend formula for chart analysis, SP500G scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1794.226||52wk High Date||2018-10-01|
|52wk Low||1472.652||52wk Low Date||2018-02-09|