Index Trend Analysis Report
Prepared for you on Tuesday, January 16, 2018.
EXCHG ONLY NASDAQ 100 TICKS DOWN (DTN:@LI5D)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 @LI5D
The long term trend has been DOWN since Mar 24th, 2017 at 7
The intermediate term trend has been DOWN since Dec 15th, 2017 at 13
The short term trend has been UP since Jan 9th, 2018 at 85
Smart Scan Analysis for @LI5D
Based on a pre-defined weighted trend formula for chart analysis, @LI5D scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).