Index Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
NASDAQ EQUITY CALLS TRIN INDEX TOTAL (DTN:@SCQET)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DOWN since Nov 9th, 2018 at 0.3482
The short term trend has been DOWN since Nov 9th, 2018 at 0.5138
Smart Scan Analysis for @SCQET
Based on a pre-defined weighted trend formula for chart analysis, @SCQET scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).