Index Trend Analysis Report
Prepared for you on Thursday, December 13, 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 DOWN since Nov 13th, 2018 at -370
The intermediate term trend has been UP since Nov 14th, 2018 at 355
The short term trend has been DOWN since Nov 29th, 2018 at -322
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).