Index Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
S&P 600 Distributors (Sub Ind) (CME:SP600-25501010)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 SP600-25501010
The long term trend has been UP since May 8th, 2019 at 93.68
The intermediate term trend has been UP since May 9th, 2019 at 95.50
The short term trend has been DOWN since Jul 10th, 2019 at 94.92
Smart Scan Analysis for SP600-25501010
Based on a pre-defined weighted trend formula for chart analysis, SP600-25501010 scored +65 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|