Index Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
S&P U.S. Retiree Spending Index (TR) (CME:SPRETIRT)
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 SPRETIRT
The long term trend has been UP since Mar 15th, 2019 at 477.13
The intermediate term trend has been DOWN since Nov 11th, 2019 at 498.71
The short term trend has been UP since Nov 13th, 2019 at 499.55
Smart Scan Analysis for SPRETIRT
Based on a pre-defined weighted trend formula for chart analysis, SPRETIRT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).