Index Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
BOX EQUITY CALLS ISSUES DECLINE (DTN:@ICBED)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 Mar 19th, 2018 at 5489
The short term trend has been UP since May 11th, 2018 at 3999
Smart Scan Analysis for @ICBED
Based on a pre-defined weighted trend formula for chart analysis, @ICBED scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).