Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
DJ UTIL ISS ADV DEC RATIO (DTN:@IR3T)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 @IR3T
The long term trend has been UP since May 27th, 2015 at 2.75
The intermediate term trend has been DOWN since Jan 25th, 2016 at 0.15
The short term trend has been UP since May 18th, 2018 at 6.50
Smart Scan Analysis for @IR3T
Based on a pre-defined weighted trend formula for chart analysis, @IR3T scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).