Index Trend Analysis Report
Prepared for you on Friday, July 20, 2018.
NASDAQ NGSM ISSUES UNCHG (DTN:@IIGU)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 @IIGU
The long term trend has been UP since Jun 8th, 2018 at 199
The intermediate term trend has been UP since Jul 16th, 2018 at 174
The short term trend has been DOWN since Jul 16th, 2018 at 31
Smart Scan Analysis for @IIGU
Based on a pre-defined weighted trend formula for chart analysis, @IIGU scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).