Index Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
NASDAQ NGSM ISS ADV DEC RATIO (DTN:@IRGT)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 Feb 9th, 2018 at 8.46
The intermediate term trend has been DOWN since Apr 4th, 2018 at 0.08
The short term trend has been DOWN since Apr 24th, 2018 at 0.38
Smart Scan Analysis for @IRGT
Based on a pre-defined weighted trend formula for chart analysis, @IRGT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).