Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
S&P 600 Integrated Telecommunication Services (Sub Ind) (CME:SP600-50101020)
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 SP600-50101020
The long term trend has been UP since Aug 28th, 2019 at 7.56
The intermediate term trend has been UP since Aug 28th, 2019 at 5.63
The short term trend has been DOWN since Sep 16th, 2019 at 6.23
Smart Scan Analysis for SP600-50101020
Based on a pre-defined weighted trend formula for chart analysis, SP600-50101020 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||16.01||52wk High Date||2017-11-30|
|52wk Low||10.85||52wk Low Date||2018-08-08|