Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
PEARL CALLS ISSUES DECLINES (DTN:@ICPD)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 @ICPD
The long term trend has been UP since May 17th, 2017 at 7575
The intermediate term trend has been DOWN since Aug 16th, 2018 at 5
The short term trend has been DOWN since Aug 16th, 2018 at 9
Smart Scan Analysis for @ICPD
Based on a pre-defined weighted trend formula for chart analysis, @ICPD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).