Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
RUSSELL 2000 $ VOL UNCHG (DTN:@DIRU)
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 @DIRU
The long term trend has been UP since May 17th, 2018 at 817311
The intermediate term trend has been UP since Apr 20th, 2018 at 583271
The short term trend has been DOWN since May 21st, 2018 at 10169
Smart Scan Analysis for @DIRU
Based on a pre-defined weighted trend formula for chart analysis, @DIRU scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).