Index Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
S&P U.S. Retiree Spending Index (TR) (CME:SPRETIRT)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 UP since Nov 26th, 2019 at 503.40
The short term trend has been UP since Jan 13th, 2020 at 507.21
Smart Scan Analysis for SPRETIRT
Based on a pre-defined weighted trend formula for chart analysis, SPRETIRT scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).