Index Trend Analysis Report
Prepared for you on Saturday, July 20, 2019.
S&P/CSE Household & Personal Products Industry Group Index (CME:SPCSEHPP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 SPCSEHPP
The long term trend has been UP since Jun 19th, 2019 at 979.71
The intermediate term trend has been UP since Jul 11th, 2019 at 982.71
The short term trend has been DOWN since Jul 15th, 2019 at 982.71
Smart Scan Analysis for SPCSEHPP
Based on a pre-defined weighted trend formula for chart analysis, SPCSEHPP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).