Index Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
NYA COMPOSITE TRIN (DTN:@RI7T)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 @RI7T
The long term trend has been UP since Jan 17th, 2018 at 3.3584
The intermediate term trend has been UP since Feb 21st, 2018 at 2.5482
The short term trend has been UP since Feb 21st, 2018 at 1.7729
Smart Scan Analysis for @RI7T
Based on a pre-defined weighted trend formula for chart analysis, @RI7T scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).