Index Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
CRSP US MEGA CAP INDEX (NASDAQ:CRSPME1)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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 Jan 15th, 2019 at 1974.66
The short term trend has been DOWN since Mar 22nd, 2019 at 2136.14
Smart Scan Analysis for CRSPME1
Based on a pre-defined weighted trend formula for chart analysis, CRSPME1 scored +65 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|