Index Trend Analysis Report
Prepared for you on Tuesday, June 18, 2019.
S&P LAC 40 (US$) (CME:SPLAC)
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 SPLAC
The long term trend has been DOWN since May 7th, 2019 at 3207.13
The intermediate term trend has been UP since Jun 4th, 2019 at 3247.81
The short term trend has been DOWN since Jun 14th, 2019 at 3282.02
Smart Scan Analysis for SPLAC
Based on a pre-defined weighted trend formula for chart analysis, SPLAC scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3936.41||52wk High Date||2018-02-01|
|52wk Low||2848.61||52wk Low Date||2018-09-05|