Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
NASDAQ NGSM CURRENT DAY NEW HIGHS (DTN:@H0GH)
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.
MarketClub’s Trade Triangles for @H0GH
The long term trend has been UP since Oct 29th, 2018 at 1183
The intermediate term trend has been UP since Oct 29th, 2018 at 1183
The short term trend has been UP since Nov 19th, 2018 at 1150
Smart Scan Analysis for @H0GH
Based on a pre-defined weighted trend formula for chart analysis, @H0GH scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).