Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
NASDAQ NGSM 200 DAY MOVING AVG BELOW (DTN:@M200GB)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 @M200GB
The long term trend has been UP since Sep 17th, 2018 at 45.14
The intermediate term trend has been UP since Sep 12th, 2018 at 40.33
The short term trend has been UP since Oct 19th, 2018 at 63.55
Smart Scan Analysis for @M200GB
Based on a pre-defined weighted trend formula for chart analysis, @M200GB scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).