Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
E-MINI MID-CAP 400 PREMIER (DTN:@EMDP)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 Oct 12th, 2018 at 23.77
The intermediate term trend has been UP since Oct 12th, 2018 at 23.77
The short term trend has been DOWN since Oct 21st, 2018 at -6.02
Smart Scan Analysis for @EMDP
Based on a pre-defined weighted trend formula for chart analysis, @EMDP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).