Index Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
NASDAQ 100 50 DAY MOVING AVG BELOW (DTN:@M505B)
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 @M505B
The long term trend has been UP since Oct 4th, 2018 at 53
The intermediate term trend has been UP since Oct 4th, 2018 at 51
The short term trend has been UP since Oct 3rd, 2018 at 42
Smart Scan Analysis for @M505B
Based on a pre-defined weighted trend formula for chart analysis, @M505B scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).