Index Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
NASDAQ OTHER OTC ISSUES DECLINES (DTN:@IIKD)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 @IIKD
The long term trend has been UP since Aug 10th, 2017 at 2049
The intermediate term trend has been DOWN since Dec 4th, 2017 at 206
The short term trend has been DOWN since Dec 8th, 2017 at 245
Smart Scan Analysis for @IIKD
Based on a pre-defined weighted trend formula for chart analysis, @IIKD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).