Index Trend Analysis Report
Prepared for you on Monday, May 29, 2017.
ISE CALLS ISSUES DOWN (DTN:@ICID)
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 @ICID
The long term trend has been UP since May 17th, 2017 at 7667
The intermediate term trend has been DOWN since May 23rd, 2017 at 129
The short term trend has been UP since May 26th, 2017 at 4735
Smart Scan Analysis for @ICID
Based on a pre-defined weighted trend formula for chart analysis, @ICID scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).