Index Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
S&P 500 TICKS DOWN (DTN:@TI6D)
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 @TI6D
The long term trend has been DOWN since Oct 10th, 2018 at 74
The intermediate term trend has been UP since Oct 15th, 2018 at 425
The short term trend has been UP since Nov 12th, 2018 at 416
Smart Scan Analysis for @TI6D
Based on a pre-defined weighted trend formula for chart analysis, @TI6D scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).