Index Trend Analysis Report
Prepared for you on Saturday, July 21, 2018.
PHLX EQUITY CALLS ISSUES DECLINE (DTN:@ICXED)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 @ICXED
The long term trend has been UP since Jun 25th, 2018 at 15055
The intermediate term trend has been UP since Jun 25th, 2018 at 14820
The short term trend has been DOWN since Jul 20th, 2018 at 490
Smart Scan Analysis for @ICXED
Based on a pre-defined weighted trend formula for chart analysis, @ICXED scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).