Index Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
NDQ OMX ENERGY MGMT TRUST (NASDAQ:GRNMANX)
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.
MarketClub’s Trade Triangles for GRNMANX
The long term trend has been UP since Nov 10th, 2016 at 1403.18
The intermediate term trend has been UP since Sep 7th, 2017 at 1692.88
The short term trend has been DOWN since Oct 16th, 2017 at 1822.32
Smart Scan Analysis for GRNMANX
Based on a pre-defined weighted trend formula for chart analysis, GRNMANX scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1833.4||52wk High Date||2017-10-16|
|52wk Low||1298.03||52wk Low Date||2016-11-04|