Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
BOX EQUITY CALLS ISSUES DECLINE (DTN:@ICBED)
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 @ICBED
The long term trend has been UP since Mar 19th, 2018 at 5489
The intermediate term trend has been UP since Jul 27th, 2018 at 6789
The short term trend has been DOWN since Aug 16th, 2018 at 6
Smart Scan Analysis for @ICBED
Based on a pre-defined weighted trend formula for chart analysis, @ICBED scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).