Index Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
EDGX CALLS ISSUES UP (DTN:@ICEA)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 @ICEA
The long term trend has been UP since Nov 6th, 2015 at 19
The intermediate term trend has been DOWN since Jan 12th, 2018 at 4
The short term trend has been UP since Jan 22nd, 2018 at 7760
Smart Scan Analysis for @ICEA
Based on a pre-defined weighted trend formula for chart analysis, @ICEA scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).