Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
MERCURY EQUITY ONLY PUTS ISSUES TOTAL (DTN:@IPJRT)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Apr 4th, 2018 at 13
The intermediate term trend has been DOWN since Aug 15th, 2018 at 11
The short term trend has been DOWN since Aug 15th, 2018 at 17
Smart Scan Analysis for @IPJRT
Based on a pre-defined weighted trend formula for chart analysis, @IPJRT scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).