Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
S&P DCFI Index TR (CME:SPDCFITR)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 SPDCFITR
The long term trend has been DOWN since Sep 16th, 2019 at 135.47
The intermediate term trend has been DOWN since Sep 10th, 2019 at 140.20
The short term trend has been UP since Sep 20th, 2019 at 137.82
Smart Scan Analysis for SPDCFITR
Based on a pre-defined weighted trend formula for chart analysis, SPDCFITR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||153.57||52wk High Date||2018-11-23|
|52wk Low||140.91||52wk Low Date||2018-02-09|