Index Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
EDGX EQUITY ETF PUTS TRIN INDEX TOTAL (DTN:@SPEFT)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 @SPEFT
The long term trend has been DOWN since Sep 6th, 2018 at 0.0892
The intermediate term trend has been UP since Sep 20th, 2018 at 27.8125
The short term trend has been UP since Oct 17th, 2018 at 9.2000
Smart Scan Analysis for @SPEFT
Based on a pre-defined weighted trend formula for chart analysis, @SPEFT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).