Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
EXCHG ONLY NYA COMPOSITE TICKS UP (DTN:@LI7A)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 @LI7A
The long term trend has been DOWN since Aug 10th, 2018 at 311
The intermediate term trend has been UP since Aug 15th, 2018 at 1615
The short term trend has been UP since Aug 15th, 2018 at 1546
Smart Scan Analysis for @LI7A
Based on a pre-defined weighted trend formula for chart analysis, @LI7A scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).