Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
MERCURY EQUITY ONLY PUTS $ VOL NET (DTN:@DPJRN)
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 @DPJRN
The long term trend has been DOWN since Apr 10th, 2018 at 1
The intermediate term trend has been DOWN since Mar 28th, 2018 at 6
The short term trend has been UP since May 10th, 2018 at 6
Smart Scan Analysis for @DPJRN
Based on a pre-defined weighted trend formula for chart analysis, @DPJRN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).