Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
C2 CALLS TRIN INDEX (DTN:@SCWT)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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 @SCWT
The long term trend has been UP since Jul 30th, 2018 at 12.1162
The intermediate term trend has been UP since Nov 7th, 2018 at 14.7246
The short term trend has been DOWN since Nov 14th, 2018 at 0.4909
Smart Scan Analysis for @SCWT
Based on a pre-defined weighted trend formula for chart analysis, @SCWT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).