Index Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
NASDAQ EQUITY ETF CALLS ISSUES DECLINE (DTN:@ICQFD)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Aug 27th, 2018 at 4
The intermediate term trend has been DOWN since Aug 21st, 2018 at 12
The short term trend has been DOWN since Sep 6th, 2018 at 13
Smart Scan Analysis for @ICQFD
Based on a pre-defined weighted trend formula for chart analysis, @ICQFD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).