Index Trend Analysis Report
Prepared for you on Thursday, March 23, 2017.
ISE CALLS ISSUES DOWN (DTN:@ICID)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Sep 2nd, 2016 at 69
The intermediate term trend has been DOWN since Feb 23rd, 2017 at 167
The short term trend has been DOWN since Mar 21st, 2017 at 141
Smart Scan Analysis for @ICID
Based on a pre-defined weighted trend formula for chart analysis, @ICID scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).