Index Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
LSE 50 DAY MOVING AVG BELOW (DTN:@M50LB)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 @M50LB
The long term trend has been UP since Sep 7th, 2018 at 62.23
The intermediate term trend has been UP since Sep 6th, 2018 at 62.04
The short term trend has been DOWN since Sep 12th, 2018 at 53.29
Smart Scan Analysis for @M50LB
Based on a pre-defined weighted trend formula for chart analysis, @M50LB scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).