Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
NASDAQ OMX BX CALLS ISSUES DOWN (DTN:@ICTD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 @ICTD
The long term trend has been UP since Sep 9th, 2016 at 1802
The intermediate term trend has been UP since Apr 20th, 2018 at 1499
The short term trend has been DOWN since Sep 14th, 2018 at 3
Smart Scan Analysis for @ICTD
Based on a pre-defined weighted trend formula for chart analysis, @ICTD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).