Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
MERCURY EQUITY ONLY PUTS ISSUES TOTAL (DTN:@IPJRT)
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 @IPJRT
The long term trend has been UP since Oct 5th, 2018 at 862
The intermediate term trend has been UP since Oct 4th, 2018 at 698
The short term trend has been DOWN since Oct 19th, 2018 at 21
Smart Scan Analysis for @IPJRT
Based on a pre-defined weighted trend formula for chart analysis, @IPJRT scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).