Index Trend Analysis Report
Prepared for you on Wednesday, November 14, 2018.
DJ INDU TRIN (DTN:@RI1T)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 @RI1T
The long term trend has been DOWN since Aug 14th, 2018 at 0.0693
The intermediate term trend has been UP since Nov 2nd, 2018 at 8.1450
The short term trend has been UP since Nov 12th, 2018 at 2.5749
Smart Scan Analysis for @RI1T
Based on a pre-defined weighted trend formula for chart analysis, @RI1T scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).