Index Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
DJ COMP 20 DAY MOVING AVG ABOVE (DTN:@M204V)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 @M204V
The long term trend has been UP since Apr 16th, 2018 at 73.85
The intermediate term trend has been UP since Jun 13th, 2018 at 76.92
The short term trend has been DOWN since Jun 15th, 2018 at 60.00
Smart Scan Analysis for @M204V
Based on a pre-defined weighted trend formula for chart analysis, @M204V scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).