Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
EXCHG ONLY S&P 500 TICKS UP (DTN:@LI6A)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 @LI6A
The long term trend has been DOWN since Apr 16th, 2018 at 32
The intermediate term trend has been UP since Aug 15th, 2018 at 441
The short term trend has been UP since Aug 15th, 2018 at 434
Smart Scan Analysis for @LI6A
Based on a pre-defined weighted trend formula for chart analysis, @LI6A scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).