Index Trend Analysis Report
Prepared for you on Thursday, March 21, 2019.
S&P 600 - TECH DISTRIBUTORS SUB I (CME:SP600-45203030)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 SP600-45203030
The long term trend has been UP since Feb 20th, 2019 at 470.06
The intermediate term trend has been UP since Jan 16th, 2019 at 402.01
The short term trend has been DOWN since Mar 18th, 2019 at 448.14
Smart Scan Analysis for SP600-45203030
Based on a pre-defined weighted trend formula for chart analysis, SP600-45203030 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||512.99||52wk High Date||2018-08-27|
|52wk Low||380.32||52wk Low Date||2018-04-26|