Index Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
MERCURY EQUITY CALLS $ VOL ADVANCES (DTN:@DCJEA)
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 @DCJEA
The long term trend has been UP since Feb 27th, 2018 at 51
The intermediate term trend has been UP since Oct 11th, 2018 at 46
The short term trend has been DOWN since Oct 12th, 2018 at 32
Smart Scan Analysis for @DCJEA
Based on a pre-defined weighted trend formula for chart analysis, @DCJEA scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).