Index Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
QUEST TRACKER INDEX (CME:QTI)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 QTI
The long term trend has been UP since Dec 24th, 2018 at 1032.63
The intermediate term trend has been DOWN since Jan 14th, 2019 at 1000.66
The short term trend has been DOWN since Jan 8th, 2019 at 1027.00
Smart Scan Analysis for QTI
Based on a pre-defined weighted trend formula for chart analysis, QTI scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1176.36||52wk High Date||2018-01-26|