Index Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
DJ COMP ISSUES DECLINES (DTN:@II4D)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 Apr 4th, 2018 at 64
The intermediate term trend has been DOWN since Jul 31st, 2018 at 8
The short term trend has been DOWN since Aug 13th, 2018 at 16
Smart Scan Analysis for @II4D
Based on a pre-defined weighted trend formula for chart analysis, @II4D scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).