Index Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
DJ INDU ISSUES DECLINES (DTN:@II1D)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 @II1D
The long term trend has been UP since Jul 6th, 2017 at 29
The intermediate term trend has been UP since Nov 9th, 2017 at 26
The short term trend has been DOWN since Nov 16th, 2017 at 10
Smart Scan Analysis for @II1D
Based on a pre-defined weighted trend formula for chart analysis, @II1D scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).