Index Trend Analysis Report
Prepared for you on Friday, February 23, 2018.
DJ COMP TRIN (DTN:@RI4T)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 @RI4T
The long term trend has been UP since Dec 29th, 2017 at 9.1902
The intermediate term trend has been DOWN since Feb 7th, 2018 at 0.2247
The short term trend has been DOWN since Feb 23rd, 2018 at 0.4819
Smart Scan Analysis for @RI4T
Based on a pre-defined weighted trend formula for chart analysis, @RI4T scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).