Index Trend Analysis Report
Prepared for you on Friday, May 26, 2017.
DJ INDU ISSUES DECLINES (DTN:@II1D)
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 @II1D
The long term trend has been UP since May 30th, 2014 at 20
The intermediate term trend has been DOWN since May 19th, 2017 at 3
The short term trend has been UP since May 24th, 2017 at 15
Smart Scan Analysis for @II1D
Based on a pre-defined weighted trend formula for chart analysis, @II1D scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).