Index Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
LSE 1 MONTH NEW HIGHS (DTN:@H30LH)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 @H30LH
The long term trend has been UP since Feb 26th, 2018 at 243
The intermediate term trend has been UP since Jul 9th, 2018 at 352
The short term trend has been DOWN since Aug 13th, 2018 at 9
Smart Scan Analysis for @H30LH
Based on a pre-defined weighted trend formula for chart analysis, @H30LH scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).