Index Trend Analysis Report
Prepared for you on Monday, March 19, 2018.
MERCURY EQUITY PUTS TRIN INDEX TOTAL (DTN:@SPJET)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 @SPJET
The long term trend has been UP since Mar 15th, 2018 at 2.7179
The intermediate term trend has been UP since Mar 15th, 2018 at 2.7179
The short term trend has been UP since Mar 14th, 2018 at 1.5379
Smart Scan Analysis for @SPJET
Based on a pre-defined weighted trend formula for chart analysis, @SPJET scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).