Index Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
NASDAQ EQUITY ETF CALLS ISSUES DECLINE (DTN:@ICQFD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 @ICQFD
The long term trend has been UP since Oct 4th, 2018 at 2279
The intermediate term trend has been UP since Nov 20th, 2018 at 2861
The short term trend has been DOWN since Nov 21st, 2018 at 28
Smart Scan Analysis for @ICQFD
Based on a pre-defined weighted trend formula for chart analysis, @ICQFD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).