Index Trend Analysis Report
Prepared for you on Thursday, May 25, 2017.
RUSSELL 2000 $ VOL UNCHG (DTN:@DIRU)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 DOWN since Mar 1st, 2017 at 4826
The intermediate term trend has been DOWN since Feb 24th, 2017 at 4940
The short term trend has been UP since May 24th, 2017 at 509929
Smart Scan Analysis for @DIRU
Based on a pre-defined weighted trend formula for chart analysis, @DIRU scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).