Index Trend Analysis Report
Prepared for you on Sunday, August 20, 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 Aug 14th, 2017 at 197
The short term trend has been DOWN since Aug 10th, 2017 at 247
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).