Index Trend Analysis Report
Prepared for you on Saturday, September 22, 2018.
PHLX EQUITY CALLS ISSUES DECLINE (DTN:@ICXED)
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 @ICXED
The long term trend has been UP since Jun 25th, 2018 at 15055
The intermediate term trend has been DOWN since Aug 6th, 2018 at 373
The short term trend has been UP since Sep 21st, 2018 at 10067
Smart Scan Analysis for @ICXED
Based on a pre-defined weighted trend formula for chart analysis, @ICXED scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).