Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
NASDAQ EQUITY PUTS TRIN INDEX TOTAL (DTN:@SPQET)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 @SPQET
The long term trend has been UP since Oct 11th, 2018 at 5.6464
The intermediate term trend has been DOWN since Nov 12th, 2018 at 0.2721
The short term trend has been UP since Nov 15th, 2018 at 2.1785
Smart Scan Analysis for @SPQET
Based on a pre-defined weighted trend formula for chart analysis, @SPQET scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).