Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
S&P 500 ISSUES NET TICK (DTN:@JT6T)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 @JT6T
The long term trend has been UP since Apr 27th, 2018 at 385
The intermediate term trend has been DOWN since Jun 25th, 2018 at -329
The short term trend has been DOWN since Jul 12th, 2018 at -325
Smart Scan Analysis for @JT6T
Based on a pre-defined weighted trend formula for chart analysis, @JT6T scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).