Index Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
S&P 500 ISS ADV DEC RATIO (DTN:@IR6T)
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 @IR6T
The long term trend has been UP since Aug 14th, 2017 at 26.06
The intermediate term trend has been UP since Nov 16th, 2017 at 6.25
The short term trend has been UP since Nov 16th, 2017 at 1.52
Smart Scan Analysis for @IR6T
Based on a pre-defined weighted trend formula for chart analysis, @IR6T scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).