Index Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
CRSP US MEGA CAP INDEX (NASDAQ:CRSPME1)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 CRSPME1
The long term trend has been UP since Mar 4th, 2019 at 2131.53
The intermediate term trend has been UP since Jun 11th, 2019 at 2186.93
The short term trend has been DOWN since Jul 17th, 2019 at 2277.55
Smart Scan Analysis for CRSPME1
Based on a pre-defined weighted trend formula for chart analysis, CRSPME1 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2232.89||52wk High Date||2018-10-03|
|52wk Low||1914.31||52wk Low Date||2018-02-09|