Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
BATS PUTS TRIN INDEX (DTN:@SPZT)
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 @SPZT
The long term trend has been DOWN since Sep 10th, 2018 at 0.0769
The intermediate term trend has been DOWN since Oct 10th, 2018 at 0.2484
The short term trend has been DOWN since Oct 16th, 2018 at 0.3882
Smart Scan Analysis for @SPZT
Based on a pre-defined weighted trend formula for chart analysis, @SPZT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).