Index Trend Analysis Report
Prepared for you on Sunday, July 23, 2017.
EXCHG ONLY DJ INDU TICKS DOWN (DTN:@LI1D)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 @LI1D
The long term trend has been DOWN since Aug 3rd, 2016 at 1
The intermediate term trend has been DOWN since Aug 3rd, 2016 at 1
The short term trend has been UP since Jul 10th, 2017 at 28
Smart Scan Analysis for @LI1D
Based on a pre-defined weighted trend formula for chart analysis, @LI1D scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).