Index Trend Analysis Report
Prepared for you on Tuesday, January 16, 2018.
RUSSELL 2000 TICKS RATIO (DTN:@TRRT)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 UP since Jun 28th, 2017 at 5.29
The intermediate term trend has been DOWN since Dec 14th, 2017 at 0.35
The short term trend has been UP since Jan 11th, 2018 at 1.80
Smart Scan Analysis for @TRRT
Based on a pre-defined weighted trend formula for chart analysis, @TRRT scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).