Index Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
S&P 600 Aerospace & Defense (Industry) (CME:SP600-201010)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 SP600-201010
The long term trend has been UP since May 1st, 2019 at 576.77
The intermediate term trend has been UP since Jul 31st, 2019 at 598.25
The short term trend has been UP since Sep 12th, 2019 at 625.82
Smart Scan Analysis for SP600-201010
Based on a pre-defined weighted trend formula for chart analysis, SP600-201010 scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||601.2||52wk High Date||2018-09-18|
|52wk Low||403.81||52wk Low Date||2018-02-06|