Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
EXCHG ONLY RUSSELL 2000 TICKS UP (DTN:@LIRA)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 @LIRA
The long term trend has been DOWN since Nov 23rd, 2018 at 153
The intermediate term trend has been UP since Nov 26th, 2018 at 1567
The short term trend has been UP since Nov 26th, 2018 at 1502
Smart Scan Analysis for @LIRA
Based on a pre-defined weighted trend formula for chart analysis, @LIRA scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).