Index Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
CAC 40 PREMIUM (DTN:@PRMT)
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 @PRMT
The long term trend has been UP since Oct 12th, 2018 at 52.59
The intermediate term trend has been UP since Oct 12th, 2018 at 37.63
The short term trend has been UP since Nov 15th, 2018 at 31.75
Smart Scan Analysis for @PRMT
Based on a pre-defined weighted trend formula for chart analysis, @PRMT scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).