Index Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
S&P 100 50 DAY MOVING AVG BELOW (DTN:@M508B)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 @M508B
The long term trend has been UP since Oct 10th, 2018 at 55.21
The intermediate term trend has been DOWN since Nov 6th, 2018 at 65.00
The short term trend has been DOWN since Nov 27th, 2018 at 70.45
Smart Scan Analysis for @M508B
Based on a pre-defined weighted trend formula for chart analysis, @M508B scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).