Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
EXCHG ONLY NASDAQ NGSM ISSUES TICKS TOTAL (DTN:@LIGT)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 @LIGT
The long term trend has been UP since Jul 20th, 2018 at 1480
The intermediate term trend has been DOWN since Aug 9th, 2018 at 1208
The short term trend has been DOWN since Aug 20th, 2018 at 1255
Smart Scan Analysis for @LIGT
Based on a pre-defined weighted trend formula for chart analysis, @LIGT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).