Index Trend Analysis Report
Prepared for you on Thursday, June 20, 2019.
OMRX Bond All Index (NASDAQ:OMRXBONDALL)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 OMRXBONDALL
The long term trend has been UP since Dec 12th, 2018 at 691.37
The intermediate term trend has been UP since Apr 25th, 2019 at 697.42
The short term trend has been UP since Jun 18th, 2019 at 705.39
Smart Scan Analysis for OMRXBONDALL
Based on a pre-defined weighted trend formula for chart analysis, OMRXBONDALL scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).