Index Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
S&P 600 Distributors (Industry) (CME:SP600-255010)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 SP600-255010
The long term trend has been DOWN since Sep 3rd, 2019 at 76.33
The intermediate term trend has been DOWN since Jan 9th, 2020 at 60.69
The short term trend has been UP since Jan 16th, 2020 at 60.83
Smart Scan Analysis for SP600-255010
Based on a pre-defined weighted trend formula for chart analysis, SP600-255010 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||96||52wk High Date||2018-10-31|
|52wk Low||41.2||52wk Low Date||2018-05-09|