Index Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
NASDAQ EQUITY CALLS TRIN INDEX TOTAL (DTN:@SCQET)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 @SCQET
The long term trend has been UP since Sep 12th, 2018 at 4.6783
The intermediate term trend has been UP since Sep 12th, 2018 at 2.8083
The short term trend has been UP since Sep 12th, 2018 at 2.3469
Smart Scan Analysis for @SCQET
Based on a pre-defined weighted trend formula for chart analysis, @SCQET scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).