Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
BOX EQUITY CALLS ISSUES DECLINE (DTN:@ICBED)
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 @ICBED
The long term trend has been UP since Mar 19th, 2018 at 5489
The intermediate term trend has been UP since Oct 4th, 2018 at 6044
The short term trend has been DOWN since Nov 30th, 2018 at 3
Smart Scan Analysis for @ICBED
Based on a pre-defined weighted trend formula for chart analysis, @ICBED scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).