Index Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
S&P 500 ISS ADV DEC RATIO (DTN:@IR6T)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 @IR6T
The long term trend has been UP since Feb 9th, 2018 at 17.88
The intermediate term trend has been DOWN since Apr 2nd, 2018 at 0.04
The short term trend has been UP since Apr 24th, 2018 at 3.57
Smart Scan Analysis for @IR6T
Based on a pre-defined weighted trend formula for chart analysis, @IR6T scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).