Index Trend Analysis Report
Prepared for you on Sunday, March 18, 2018.
MERCURY PUTS TRIN INDEX (DTN:@SPJT)
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 @SPJT
The long term trend has been UP since Jan 18th, 2018 at 5.6966
The intermediate term trend has been UP since Jan 18th, 2018 at 1.9827
The short term trend has been UP since Mar 14th, 2018 at 1.5379
Smart Scan Analysis for @SPJT
Based on a pre-defined weighted trend formula for chart analysis, @SPJT scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).