Index Trend Analysis Report
Prepared for you on Wednesday, November 14, 2018.
DJ COMP ISSUES DECLINES (DTN:@II4D)
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 @II4D
The long term trend has been UP since Oct 26th, 2018 at 63
The intermediate term trend has been UP since Oct 26th, 2018 at 63
The short term trend has been DOWN since Nov 13th, 2018 at 20
Smart Scan Analysis for @II4D
Based on a pre-defined weighted trend formula for chart analysis, @II4D scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).