Index Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
ISE EQUITY ETF PUTS TRIN INDEX TOTAL (DTN:@SPIFT)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 @SPIFT
The long term trend has been DOWN since Aug 8th, 2018 at 0.1055
The intermediate term trend has been UP since Sep 18th, 2018 at 7.5961
The short term trend has been UP since Oct 12th, 2018 at 5.5467
Smart Scan Analysis for @SPIFT
Based on a pre-defined weighted trend formula for chart analysis, @SPIFT scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).