Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
S&P Homebuilders Select Industry Index (CME:SPSIHO)
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 SPSIHO
The long term trend has been UP since Sep 10th, 2019 at 4317.43
The intermediate term trend has been UP since Sep 5th, 2019 at 4264.32
The short term trend has been UP since Sep 19th, 2019 at 4380.14
Smart Scan Analysis for SPSIHO
Based on a pre-defined weighted trend formula for chart analysis, SPSIHO scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4756.27||52wk High Date||2018-01-24|
|52wk Low||3198.28||52wk Low Date||2018-10-29|