Index Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
MERCURY PUTS TRIN INDEX (DTN:@SPJT)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 @SPJT
The long term trend has been DOWN since Jul 14th, 2017 at 0.0723
The intermediate term trend has been UP since Aug 4th, 2017 at 2.4179
The short term trend has been DOWN since Aug 14th, 2017 at 0.7570
Smart Scan Analysis for @SPJT
Based on a pre-defined weighted trend formula for chart analysis, @SPJT scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).