Index Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
DJ INDU TICKS UP (DTN:@TI1A)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 @TI1A
The long term trend has been UP since Oct 22nd, 2014 at 28
The intermediate term trend has been DOWN since Oct 9th, 2017 at 2
The short term trend has been DOWN since Oct 19th, 2017 at 4
Smart Scan Analysis for @TI1A
Based on a pre-defined weighted trend formula for chart analysis, @TI1A scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).