Index Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
Morgan Stanley US Target Equity (CME:MSIQATDP)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 MSIQATDP
The long term trend has been DOWN since May 22nd, 2019 at 5296.95
The intermediate term trend has been UP since Sep 5th, 2019 at 5105.18
The short term trend has been DOWN since Sep 18th, 2019 at 5404.84
Smart Scan Analysis for MSIQATDP
Based on a pre-defined weighted trend formula for chart analysis, MSIQATDP scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5764.31||52wk High Date||2018-01-29|
|52wk Low||5085.78||52wk Low Date||2018-04-02|