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Index Trend Analysis Report

Prepared for you on Monday, June 18, 2018.

NASDAQ US BUYBACK ACHIEVERS SELECT INDEX (NASDAQ:DRBS)

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.

NASDAQ_DRBS
Open High Low DRBS Price Change
1379.84 1388.17 1375.77 1387.14 +2.38
Entry Signal

MarketClub’s Trade Triangles for DRBS

long term up The long term trend has been UP since Jun 6th, 2018 at 1380.43

intermediate term up The intermediate term trend has been UP since May 14th, 2018 at 1332.11

short term down The short term trend has been DOWN since Jun 14th, 2018 at 1388.96

Smart Scan Analysis for DRBS

Based on a pre-defined weighted trend formula for chart analysis, DRBS scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for DRBS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1379.84 1388.17 1375.77 1387.14 +2.38
Prev. Close Volume Bid Ask Time
1387.14 0 2018-06-15 16:06:57
52wk High1440.3352wk High Date2018-01-24
52wk Low1189.8352wk Low Date2017-08-21
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