Index Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
NASDAQ NCM 50 DAY MOVING AVG BELOW (DTN:@M50SB)
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 @M50SB
The long term trend has been UP since Oct 11th, 2018 at 69.65
The intermediate term trend has been UP since Oct 8th, 2018 at 62.59
The short term trend has been UP since Nov 12th, 2018 at 72.04
Smart Scan Analysis for @M50SB
Based on a pre-defined weighted trend formula for chart analysis, @M50SB scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).