Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
RUSSELL 2000 TICKS DOWN (DTN:@TIRD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 @TIRD
The long term trend has been UP since Jul 19th, 2018 at 1473
The intermediate term trend has been DOWN since Aug 16th, 2018 at 382
The short term trend has been UP since Aug 17th, 2018 at 1344
Smart Scan Analysis for @TIRD
Based on a pre-defined weighted trend formula for chart analysis, @TIRD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).