Index Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
NASDAQ NGSM ISSUES DECLINES (DTN:@IIGD)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 @IIGD
The long term trend has been DOWN since Feb 9th, 2018 at 144
The intermediate term trend has been DOWN since Sep 20th, 2018 at 212
The short term trend has been UP since Sep 21st, 2018 at 835
Smart Scan Analysis for @IIGD
Based on a pre-defined weighted trend formula for chart analysis, @IIGD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).