Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
MERCURY CALLS TRIN INDEX (DTN:@SCJT)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 @SCJT
The long term trend has been UP since Jul 17th, 2018 at 4.0548
The intermediate term trend has been UP since Jul 3rd, 2018 at 2.2404
The short term trend has been UP since Jul 13th, 2018 at 1.8563
Smart Scan Analysis for @SCJT
Based on a pre-defined weighted trend formula for chart analysis, @SCJT scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).