Index Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
EDGX PUTS TRIN INDEX (DTN:@SPET)
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 @SPET
The long term trend has been UP since Mar 19th, 2018 at 16.0962
The intermediate term trend has been UP since Jun 11th, 2018 at 7.1864
The short term trend has been DOWN since Jun 15th, 2018 at 0.1875
Smart Scan Analysis for @SPET
Based on a pre-defined weighted trend formula for chart analysis, @SPET scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).