Index Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
S&P CORP GROUP IND MITSUBISHI CORP CLUSTER (CME:SPJCIMTP)
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 SPJCIMTP
The long term trend has been DOWN since Oct 25th, 2018 at 156.17
The intermediate term trend has been UP since Mar 19th, 2019 at 150.39
The short term trend has been UP since Mar 11th, 2019 at 147.03
Smart Scan Analysis for SPJCIMTP
Based on a pre-defined weighted trend formula for chart analysis, SPJCIMTP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||186.18||52wk High Date||2018-01-18|
|52wk Low||151.07||52wk Low Date||2018-11-21|