Index Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
BATS CALLS ISSUES UP (DTN:@ICZA)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 @ICZA
The long term trend has been UP since Sep 20th, 2018 at 13340
The intermediate term trend has been DOWN since Oct 18th, 2018 at 11
The short term trend has been DOWN since Oct 18th, 2018 at 12
Smart Scan Analysis for @ICZA
Based on a pre-defined weighted trend formula for chart analysis, @ICZA scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).