Index Trend Analysis Report
Prepared for you on Sunday, May 28, 2017.
S&P 100 TICKS DOWN (DTN:@TI8D)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 @TI8D
The long term trend has been DOWN since Mar 24th, 2017 at 10
The intermediate term trend has been UP since May 19th, 2017 at 88
The short term trend has been DOWN since May 25th, 2017 at 15
Smart Scan Analysis for @TI8D
Based on a pre-defined weighted trend formula for chart analysis, @TI8D scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).