Index Trend Analysis Report
Prepared for you on Wednesday, September 26, 2018.
NYSE AMEX EQUITY ONLY PUTS TRIN INDEX TOTA (DTN:@SPART)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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 @SPART
The long term trend has been DOWN since May 8th, 2018 at 0.0904
The intermediate term trend has been DOWN since Aug 30th, 2018 at 0.2513
The short term trend has been DOWN since Sep 14th, 2018 at 0.1885
Smart Scan Analysis for @SPART
Based on a pre-defined weighted trend formula for chart analysis, @SPART scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).