Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
EXCHG ONLY RUSSELL 2000 TICKS DOWN (DTN:@LIRD)
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 @LIRD
The long term trend has been UP since Feb 12th, 2018 at 1577
The intermediate term trend has been DOWN since Mar 26th, 2018 at 122
The short term trend has been DOWN since May 16th, 2018 at 435
Smart Scan Analysis for @LIRD
Based on a pre-defined weighted trend formula for chart analysis, @LIRD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).