Index Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
PHLX EQUITY CALLS ISSUES DECLINE (DTN:@ICXED)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since May 7th, 2018 at 276
The intermediate term trend has been DOWN since May 7th, 2018 at 304
The short term trend has been UP since May 18th, 2018 at 11691
Smart Scan Analysis for @ICXED
Based on a pre-defined weighted trend formula for chart analysis, @ICXED scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).