Index Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
NASDAQ NGSM ISSUES VOLUME UP (DTN:@VIGA)
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 @VIGA
The long term trend has been DOWN since Oct 15th, 2014 at 4660
The intermediate term trend has been UP since Aug 14th, 2017 at 827775
The short term trend has been DOWN since Sep 20th, 2017 at 10572
Smart Scan Analysis for @VIGA
Based on a pre-defined weighted trend formula for chart analysis, @VIGA scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).