Index Trend Analysis Report
Prepared for you on Friday, July 20, 2018.
RUSSELL 2000 TICKS UP (DTN:@TIRA)
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 @TIRA
The long term trend has been UP since Jul 16th, 2018 at 1510
The intermediate term trend has been UP since Jul 2nd, 2018 at 1377
The short term trend has been DOWN since Jul 19th, 2018 at 581
Smart Scan Analysis for @TIRA
Based on a pre-defined weighted trend formula for chart analysis, @TIRA scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).