Index Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
NASDAQ NGSM 200 DAY MOVING AVG ABOVE (DTN:@M200GV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 @M200GV
The long term trend has been UP since Jun 11th, 2018 at 68.12
The intermediate term trend has been UP since Jun 11th, 2018 at 67.98
The short term trend has been DOWN since Jul 12th, 2018 at 64.63
Smart Scan Analysis for @M200GV
Based on a pre-defined weighted trend formula for chart analysis, @M200GV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).