Index Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
RUSSELL 2000 TICKS RATIO (DTN:@TRRT)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 @TRRT
The long term trend has been DOWN since Nov 23rd, 2018 at 0.18
The intermediate term trend has been UP since Nov 26th, 2018 at 4.84
The short term trend has been UP since Nov 26th, 2018 at 3.37
Smart Scan Analysis for @TRRT
Based on a pre-defined weighted trend formula for chart analysis, @TRRT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).