Index Trend Analysis Report
Prepared for you on Sunday, September 24, 2017.
DJ INDU ISSUES DECLINES (DTN:@II1D)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 @II1D
The long term trend has been UP since Jul 6th, 2017 at 29
The intermediate term trend has been DOWN since Sep 6th, 2017 at 2
The short term trend has been UP since Sep 8th, 2017 at 27
Smart Scan Analysis for @II1D
Based on a pre-defined weighted trend formula for chart analysis, @II1D scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).