Index Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
EDGX EQUITY ETF PUTS TRIN INDEX TOTAL (DTN:@SPEFT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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 UP since Apr 26th, 2018 at 42.8750
The intermediate term trend has been DOWN since Aug 10th, 2018 at 0.2714
The short term trend has been UP since Aug 16th, 2018 at 5.2333
Smart Scan Analysis for @SPEFT
Based on a pre-defined weighted trend formula for chart analysis, @SPEFT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).