Index Trend Analysis Report
Prepared for you on Sunday, April 22, 2018.
DJ COMP TRIN (DTN:@RI4T)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 @RI4T
The long term trend has been UP since Mar 19th, 2018 at 24.2448
The intermediate term trend has been DOWN since Apr 10th, 2018 at 0.1837
The short term trend has been DOWN since Apr 19th, 2018 at 0.3076
Smart Scan Analysis for @RI4T
Based on a pre-defined weighted trend formula for chart analysis, @RI4T scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).