Index Trend Analysis Report
Prepared for you on Saturday, September 21, 2019.
S&P Select Sector Capped 20% Consumer Discretionary Index Net TR (CME:SPSUCDN)
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 SPSUCDN
The long term trend has been UP since Feb 25th, 2019 at 369.54
The intermediate term trend has been UP since Aug 28th, 2019 at 400.16
The short term trend has been DOWN since Sep 16th, 2019 at 407.27
Smart Scan Analysis for SPSUCDN
Based on a pre-defined weighted trend formula for chart analysis, SPSUCDN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||388.11||52wk High Date||2018-09-21|
|52wk Low||311.21||52wk Low Date||2017-12-01|