Index Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
OMRX Bond All 1-3 y Index (NASDAQ:OMRXBOND13)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 OMRXBOND13
The long term trend has been UP since Feb 19th, 2019 at 527.61
The intermediate term trend has been DOWN since Mar 1st, 2019 at 527.15
The short term trend has been UP since Mar 21st, 2019 at 527.40
Smart Scan Analysis for OMRXBOND13
Based on a pre-defined weighted trend formula for chart analysis, OMRXBOND13 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).