Index Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
ISE CALLS ISSUES DOWN (DTN:@ICID)
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 @ICID
The long term trend has been DOWN since May 7th, 2018 at 149
The intermediate term trend has been DOWN since May 7th, 2018 at 178
The short term trend has been DOWN since May 22nd, 2018 at 243
Smart Scan Analysis for @ICID
Based on a pre-defined weighted trend formula for chart analysis, @ICID scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).