Index Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
S&P 500 ISSUES NET TICK (DTN:@JT6T)
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 @JT6T
The long term trend has been UP since Jan 16th, 2018 at 315
The intermediate term trend has been UP since Jan 5th, 2018 at 284
The short term trend has been DOWN since Jan 16th, 2018 at -319
Smart Scan Analysis for @JT6T
Based on a pre-defined weighted trend formula for chart analysis, @JT6T scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).