Index Trend Analysis Report
Prepared for you on Saturday, July 20, 2019.
S&P Total Market Index (TMI) Health Care (US Dollar) (CME:SPTMINUP)
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 SPTMINUP
The long term trend has been UP since Jun 20th, 2019 at 3987.93
The intermediate term trend has been UP since Jun 6th, 2019 at 3829.79
The short term trend has been DOWN since Jul 18th, 2019 at 3936.46
Smart Scan Analysis for SPTMINUP
Based on a pre-defined weighted trend formula for chart analysis, SPTMINUP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4130.15||52wk High Date||2018-10-01|
|52wk Low||3369.19||52wk Low Date||2018-04-02|