Index Trend Analysis Report
Prepared for you on Tuesday, December 11, 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 DOWN since Aug 14th, 2018 at 0.0455
The intermediate term trend has been UP since Nov 27th, 2018 at 4.8824
The short term trend has been DOWN since Nov 28th, 2018 at 0.4454
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).