Index Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
EXCHG ONLY S&P 500 TICKS UP (DTN:@LI6A)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 @LI6A
The long term trend has been DOWN since Feb 13th, 2018 at 46
The intermediate term trend has been DOWN since Feb 6th, 2018 at 52
The short term trend has been DOWN since Feb 12th, 2018 at 56
Smart Scan Analysis for @LI6A
Based on a pre-defined weighted trend formula for chart analysis, @LI6A scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).