Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
S&P 600 INDUSTRIAL CONGLOMERATES (CME:SP600-20105010)
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 SP600-20105010
The long term trend has been DOWN since Dec 4th, 2018 at 186.21
The intermediate term trend has been UP since Apr 5th, 2019 at 189.84
The short term trend has been DOWN since Apr 10th, 2019 at 185.07
Smart Scan Analysis for SP600-20105010
Based on a pre-defined weighted trend formula for chart analysis, SP600-20105010 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||239.64||52wk High Date||2018-08-24|
|52wk Low||151.61||52wk Low Date||2018-03-07|