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Index Trend Analysis Report

Prepared for you on Sunday, September 23, 2018.

NASDAQ COMPOSITE INDEX (COMBINED) (NASDAQ:COMP)

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.

NASDAQ_COMP
Open High Low COMP Price Change
8041.69 8057.26 7979.67 7985.64 -42.59
Entry Signal

MarketClub’s Trade Triangles for COMP

long term up The long term trend has been UP since Mar 9th, 2018 at 7501.58

intermediate term up The intermediate term trend has been UP since Aug 23rd, 2018 at 7923.35

short term up The short term trend has been UP since Sep 13th, 2018 at 7986.32

Smart Scan Analysis for COMP

Based on a pre-defined weighted trend formula for chart analysis, COMP scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for COMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8041.69 8057.26 7979.67 7985.64 -42.59
Prev. Close Volume Bid Ask Time
7986.96 0 2018-09-21 15:59:55
52wk High8133.352wk High Date2018-08-30
52wk Low6343.9652wk Low Date2017-09-25
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