Index Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
RUSSELL 2000 $ VOL UNCHG (DTN:@DIRU)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Oct 10th, 2017 at 6307
The short term trend has been DOWN since Oct 19th, 2017 at 7783
Smart Scan Analysis for @DIRU
Based on a pre-defined weighted trend formula for chart analysis, @DIRU scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).