Index Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
S&P SELECT SECTOR CAPPD 20% UTIL NET TRUST (CME:SPSUUN)
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 SPSUUN
The long term trend has been DOWN since Dec 26th, 2018 at 310.33
The intermediate term trend has been UP since Jan 22nd, 2019 at 325.50
The short term trend has been DOWN since Feb 14th, 2019 at 336.52
Smart Scan Analysis for SPSUUN
Based on a pre-defined weighted trend formula for chart analysis, SPSUUN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||336.02||52wk High Date||2018-11-20|
|52wk Low||281.02||52wk Low Date||2018-02-06|