Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
E-MINI MID-CAP 400 PREMIER (DTN:@EMDP)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 @EMDP
The long term trend has been UP since Feb 9th, 2018 at 17.82
The intermediate term trend has been DOWN since Mar 6th, 2018 at -26.43
The short term trend has been DOWN since Mar 22nd, 2018 at -12.05
Smart Scan Analysis for @EMDP
Based on a pre-defined weighted trend formula for chart analysis, @EMDP scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).