Index Trend Analysis Report
Prepared for you on Saturday, August 19, 2017.
DJ INDU TICKS UP (DTN:@TI1A)
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 @TI1A
The long term trend has been UP since Sep 17th, 2014 at 29
The intermediate term trend has been UP since Aug 10th, 2017 at 28
The short term trend has been DOWN since Aug 17th, 2017 at 2
Smart Scan Analysis for @TI1A
Based on a pre-defined weighted trend formula for chart analysis, @TI1A scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).