Index Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
S&P Aerospace & Defense Select Industry Index (CME:SPSIAD)
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 SPSIAD
The long term trend has been UP since Sep 4th, 2019 at 16448.87
The intermediate term trend has been UP since Aug 30th, 2019 at 16396.99
The short term trend has been UP since Sep 12th, 2019 at 16667.06
Smart Scan Analysis for SPSIAD
Based on a pre-defined weighted trend formula for chart analysis, SPSIAD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||15370.85||52wk High Date||2018-09-19|
|52wk Low||12179.23||52wk Low Date||2017-12-01|