Index Trend Analysis Report
Prepared for you on Friday, January 19, 2018.
RUSSELL 2000 TICKS UP (DTN:@TIRA)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 @TIRA
The long term trend has been DOWN since Nov 15th, 2017 at 303
The intermediate term trend has been DOWN since Dec 14th, 2017 at 494
The short term trend has been DOWN since Jan 18th, 2018 at 543
Smart Scan Analysis for @TIRA
Based on a pre-defined weighted trend formula for chart analysis, @TIRA scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).