Index Trend Analysis Report
Prepared for you on Sunday, August 20, 2017.
PHLX CALLS ISSUES UNCHG (DTN:@ICXU)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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 @ICXU
The long term trend has been UP since Jun 16th, 2017 at 613
The intermediate term trend has been UP since Jul 17th, 2017 at 574
The short term trend has been UP since Aug 18th, 2017 at 581
Smart Scan Analysis for @ICXU
Based on a pre-defined weighted trend formula for chart analysis, @ICXU scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).