Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
DJ COMP 50 DAY MOVING AVG BELOW (DTN:@M504B)
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 @M504B
The long term trend has been DOWN since Apr 13th, 2018 at 44.62
The intermediate term trend has been UP since Sep 18th, 2018 at 21.54
The short term trend has been UP since Sep 11th, 2018 at 17.19
Smart Scan Analysis for @M504B
Based on a pre-defined weighted trend formula for chart analysis, @M504B scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).