Index Trend Analysis Report
Prepared for you on Tuesday, November 21, 2017.
NASDAQ NGSM ISSUES VOLUME UP (DTN:@VIGA)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 @VIGA
The long term trend has been DOWN since Nov 26th, 2014 at 18926
The intermediate term trend has been UP since Nov 16th, 2017 at 904336
The short term trend has been UP since Nov 16th, 2017 at 749993
Smart Scan Analysis for @VIGA
Based on a pre-defined weighted trend formula for chart analysis, @VIGA scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).