Index Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
EXCHG ONLY DJ INDU TICKS DOWN (DTN:@LI1D)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 @LI1D
The long term trend has been DOWN since Aug 3rd, 2016 at 1
The intermediate term trend has been UP since Aug 17th, 2017 at 29
The short term trend has been DOWN since Sep 20th, 2017 at 2
Smart Scan Analysis for @LI1D
Based on a pre-defined weighted trend formula for chart analysis, @LI1D scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).