Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
MERCURY EQUITY PUTS TRIN INDEX TOTAL (DTN:@SPJET)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 @SPJET
The long term trend has been UP since Jun 5th, 2018 at 5.4886
The intermediate term trend has been UP since Sep 17th, 2018 at 3.6136
The short term trend has been DOWN since Sep 18th, 2018 at 0.5084
Smart Scan Analysis for @SPJET
Based on a pre-defined weighted trend formula for chart analysis, @SPJET scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).