Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2019.
S&P 600 - ELEESTRONIC COMPONENTS SUB INC (CME:SP600-45203015)
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 SP600-45203015
The long term trend has been UP since Apr 3rd, 2019 at 375.53
The intermediate term trend has been DOWN since May 13th, 2019 at 371.23
The short term trend has been DOWN since May 8th, 2019 at 392.83
Smart Scan Analysis for SP600-45203015
Based on a pre-defined weighted trend formula for chart analysis, SP600-45203015 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||429.07||52wk High Date||2018-01-19|
|52wk Low||282.48||52wk Low Date||2018-05-01|