Index Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
DJ UTIL ISS ADV DEC RATIO (DTN:@IR3T)
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 @IR3T
The long term trend has been UP since Aug 25th, 2015 at 6.50
The intermediate term trend has been DOWN since Jan 25th, 2016 at 0.15
The short term trend has been UP since Aug 10th, 2018 at 4.00
Smart Scan Analysis for @IR3T
Based on a pre-defined weighted trend formula for chart analysis, @IR3T scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).