Index Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
MERCURY CALLS TRIN INDEX (DTN:@SCJT)
Smart Scan Chart Analysis indicates that the upward 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 @SCJT
The long term trend has been DOWN since Nov 7th, 2018 at 0.1044
The intermediate term trend has been UP since Nov 15th, 2018 at 2.7144
The short term trend has been UP since Nov 9th, 2018 at 1.5800
Smart Scan Analysis for @SCJT
Based on a pre-defined weighted trend formula for chart analysis, @SCJT scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).