Index Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
DJ TRAN TICKS RATIO (DTN:@TR2T)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 @TR2T
The long term trend has been DOWN since Oct 21st, 2014 at 1.22
The intermediate term trend has been DOWN since Oct 21st, 2014 at 1.22
The short term trend has been UP since Oct 9th, 2017 at 9.00
Smart Scan Analysis for @TR2T
Based on a pre-defined weighted trend formula for chart analysis, @TR2T scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).