Index Trend Analysis Report
Prepared for you on Sunday, January 21, 2018.
NASDAQ NGSM ISS ADV DEC RATIO (DTN:@IRGT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 @IRGT
The long term trend has been UP since Nov 16th, 2017 at 8.32
The intermediate term trend has been DOWN since Dec 29th, 2017 at 0.33
The short term trend has been UP since Jan 17th, 2018 at 4.55
Smart Scan Analysis for @IRGT
Based on a pre-defined weighted trend formula for chart analysis, @IRGT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).