Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
EXCHG ONLY NASDAQ NGM ISSUES TICKS TOTAL (DTN:@LIMT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 @LIMT
The long term trend has been DOWN since Feb 20th, 2018 at 435
The intermediate term trend has been UP since May 15th, 2018 at 708
The short term trend has been UP since May 21st, 2018 at 704
Smart Scan Analysis for @LIMT
Based on a pre-defined weighted trend formula for chart analysis, @LIMT scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).