Index Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
NASDAQ NCM 1 MONTH NEW LOWS (DTN:@H30SL)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 @H30SL
The long term trend has been UP since Oct 10th, 2018 at 172
The intermediate term trend has been DOWN since Nov 1st, 2018 at 7
The short term trend has been UP since Nov 6th, 2018 at 62
Smart Scan Analysis for @H30SL
Based on a pre-defined weighted trend formula for chart analysis, @H30SL scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).