Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
DJ UTIL ISS ADV DEC RATIO (DTN:@IR3T)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 @IR3T
The long term trend has been DOWN since Oct 21st, 2015 at 4.00
The intermediate term trend has been DOWN since Oct 21st, 2015 at 4.00
The short term trend has been DOWN since Oct 3rd, 2018 at 0.15
Smart Scan Analysis for @IR3T
Based on a pre-defined weighted trend formula for chart analysis, @IR3T scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).