Index Trend Analysis Report
Prepared for you on Thursday, May 23, 2019.
S&P 600 MULTI UTIL INDUSTRY (CME:SP600-551030)
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 SP600-551030
The long term trend has been UP since May 3rd, 2019 at 212.02
The intermediate term trend has been DOWN since May 20th, 2019 at 204.96
The short term trend has been UP since May 23rd, 2019 at 207.02
Smart Scan Analysis for SP600-551030
Based on a pre-defined weighted trend formula for chart analysis, SP600-551030 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||259.37||52wk High Date||2018-07-02|
|52wk Low||233.39||52wk Low Date||2018-03-07|