Index Trend Analysis Report
Prepared for you on Sunday, May 28, 2017.
DJ COMP TRIN (DTN:@RI4T)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 @RI4T
The long term trend has been DOWN since Apr 24th, 2017 at 0.1254
The intermediate term trend has been DOWN since May 23rd, 2017 at 0.3297
The short term trend has been DOWN since May 19th, 2017 at 0.4520
Smart Scan Analysis for @RI4T
Based on a pre-defined weighted trend formula for chart analysis, @RI4T scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).