Index Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
S&P 600 DISTRIBUTORS SUB IND (CME:SP600-25501010)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 SP600-25501010
The long term trend has been DOWN since Dec 24th, 2018 at 57.68
The intermediate term trend has been UP since Jan 14th, 2019 at 66.81
The short term trend has been UP since Feb 12th, 2019 at 69.57
Smart Scan Analysis for SP600-25501010
Based on a pre-defined weighted trend formula for chart analysis, SP600-25501010 scored +60 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|