Index Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
S&P 600 HEALTH CARE DISTRIBUTORS SUB INC (CME:SP600-35102010)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 SP600-35102010
The long term trend has been DOWN since Dec 20th, 2018 at 154.13
The intermediate term trend has been DOWN since Feb 8th, 2019 at 173.16
The short term trend has been UP since Feb 12th, 2019 at 186.89
Smart Scan Analysis for SP600-35102010
Based on a pre-defined weighted trend formula for chart analysis, SP600-35102010 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||717.24||52wk High Date||2018-01-29|
|52wk Low||172.68||52wk Low Date||2018-11-27|