Index Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
NASDAQ NGM ISSUES TICKS UP (DTN:@TIMA)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 @TIMA
The long term trend has been UP since Jun 1st, 2018 at 510
The intermediate term trend has been DOWN since Jun 15th, 2018 at 197
The short term trend has been DOWN since Jun 19th, 2018 at 174
Smart Scan Analysis for @TIMA
Based on a pre-defined weighted trend formula for chart analysis, @TIMA scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).