Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
EXCHG ONLY S&P 100 TICKS UP (DTN:@LI8A)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 @LI8A
The long term trend has been UP since Oct 12th, 2018 at 96
The intermediate term trend has been DOWN since Oct 19th, 2018 at 6
The short term trend has been DOWN since Nov 21st, 2018 at 5
Smart Scan Analysis for @LI8A
Based on a pre-defined weighted trend formula for chart analysis, @LI8A scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).