Index Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
NASDAQ NCM 3 MONTH NEW HIGHS (DTN:@H90SH)
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 @H90SH
The long term trend has been UP since Feb 26th, 2018 at 26
The intermediate term trend has been DOWN since Jun 26th, 2018 at 3
The short term trend has been DOWN since Jul 12th, 2018 at 3
Smart Scan Analysis for @H90SH
Based on a pre-defined weighted trend formula for chart analysis, @H90SH scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).