Index Trend Analysis Report
Prepared for you on Sunday, July 23, 2017.
NASDAQ NGSM ISSUES VOLUME UP (DTN:@VIGA)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 @VIGA
The long term trend has been DOWN since Jul 31st, 2014 at 9918
The intermediate term trend has been DOWN since Jun 12th, 2017 at 7602
The short term trend has been UP since Jul 19th, 2017 at 742425
Smart Scan Analysis for @VIGA
Based on a pre-defined weighted trend formula for chart analysis, @VIGA scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).