Index Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
S&P DFFI Index TR (CME:SPDFFITR)
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 SPDFFITR
The long term trend has been DOWN since Jan 7th, 2020 at 119.42
The intermediate term trend has been DOWN since Nov 20th, 2019 at 119.76
The short term trend has been UP since Jan 17th, 2020 at 119.99
Smart Scan Analysis for SPDFFITR
Based on a pre-defined weighted trend formula for chart analysis, SPDFFITR scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||115.98||52wk High Date||2018-11-13|
|52wk Low||110.79||52wk Low Date||2017-12-01|