Index Trend Analysis Report
Prepared for you on Wednesday, November 14, 2018.
NASDAQ NGM ISSUES TICKS UP (DTN:@TIMA)
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 @TIMA
The long term trend has been UP since Oct 30th, 2018 at 520
The intermediate term trend has been UP since Oct 30th, 2018 at 520
The short term trend has been DOWN since Nov 5th, 2018 at 298
Smart Scan Analysis for @TIMA
Based on a pre-defined weighted trend formula for chart analysis, @TIMA scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).