Index Trend Analysis Report
Prepared for you on Sunday, March 26, 2017.
RUSSELL 2000 MINI PREMIER (DTN:@PRRM)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 @PRRM
The long term trend has been DOWN since Nov 8th, 2016 at -20.610
The intermediate term trend has been UP since Mar 1st, 2017 at 8.174
The short term trend has been DOWN since Mar 21st, 2017 at -7.124
Smart Scan Analysis for @PRRM
Based on a pre-defined weighted trend formula for chart analysis, @PRRM scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).