Index Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
EXCHG ONLY NASDAQ NGSM NET TICK (DTN:@LIGN)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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 @LIGN
The long term trend has been DOWN since Oct 23rd, 2018 at -782
The intermediate term trend has been DOWN since Oct 23rd, 2018 at -782
The short term trend has been UP since Nov 14th, 2018 at 714
Smart Scan Analysis for @LIGN
Based on a pre-defined weighted trend formula for chart analysis, @LIGN scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).