Index Trend Analysis Report
Prepared for you on Sunday, June 25, 2017.
MERCURY PUTS TRIN INDEX (DTN:@SPJT)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 @SPJT
The long term trend has been UP since May 10th, 2017 at 15.2543
The intermediate term trend has been DOWN since Jun 5th, 2017 at 0.3028
The short term trend has been DOWN since Jun 20th, 2017 at 0.5430
Smart Scan Analysis for @SPJT
Based on a pre-defined weighted trend formula for chart analysis, @SPJT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).