Index Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
DJ COMP ISSUES DECLINES (DTN:@II4D)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 UP since Apr 2nd, 2018 at 63
The short term trend has been DOWN since Apr 24th, 2018 at 10
Smart Scan Analysis for @II4D
Based on a pre-defined weighted trend formula for chart analysis, @II4D scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).