Index Trend Analysis Report
Prepared for you on Tuesday, July 25, 2017.
NYSE ISSUES UNCHG (DTN:@IINU)
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 @IINU
The long term trend has been UP since Oct 31st, 2016 at 244
The intermediate term trend has been UP since Jul 17th, 2017 at 355
The short term trend has been DOWN since Jul 19th, 2017 at 77
Smart Scan Analysis for @IINU
Based on a pre-defined weighted trend formula for chart analysis, @IINU scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).