Index Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
S&P 100 ISSUES NET TICK (DTN:@JT8T)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 @JT8T
The long term trend has been DOWN since Apr 11th, 2018 at -84
The intermediate term trend has been UP since May 29th, 2018 at 78
The short term trend has been UP since Jun 7th, 2018 at 72
Smart Scan Analysis for @JT8T
Based on a pre-defined weighted trend formula for chart analysis, @JT8T scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).