Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
NYSE AMEX EQUITY ONLY CALLS ISSUES DECLINE (DTN:@ICARD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 @ICARD
The long term trend has been DOWN since Nov 1st, 2018 at 11
The intermediate term trend has been UP since Nov 19th, 2018 at 5575
The short term trend has been DOWN since Nov 21st, 2018 at 27
Smart Scan Analysis for @ICARD
Based on a pre-defined weighted trend formula for chart analysis, @ICARD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).