Index Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
NASDAQ COMB TICKS TOTAL (DTN:@TIQT)
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 @TIQT
The long term trend has been UP since Nov 17th, 2016 at 2997
The intermediate term trend has been DOWN since Sep 1st, 2017 at 2237
The short term trend has been DOWN since Oct 17th, 2017 at 2311
Smart Scan Analysis for @TIQT
Based on a pre-defined weighted trend formula for chart analysis, @TIQT scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).