Index Trend Analysis Report
Prepared for you on Wednesday, February 21, 2018.
RUSSELL 2000 TICKS DOWN (DTN:@TIRD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 Feb 14th, 2018 at 1504
The intermediate term trend has been UP since Feb 14th, 2018 at 1504
The short term trend has been DOWN since Feb 15th, 2018 at 422
Smart Scan Analysis for @TIRD
Based on a pre-defined weighted trend formula for chart analysis, @TIRD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).