Index Trend Analysis Report
Prepared for you on Thursday, November 23, 2017.
DJ COMP TRIN (DTN:@RI4T)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 @RI4T
The long term trend has been DOWN since Oct 27th, 2017 at 0.1105
The intermediate term trend has been DOWN since Nov 15th, 2017 at 0.0914
The short term trend has been UP since Nov 21st, 2017 at 4.3908
Smart Scan Analysis for @RI4T
Based on a pre-defined weighted trend formula for chart analysis, @RI4T scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).