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Index Trend Analysis Report

Prepared for you on Monday, May 20, 2019.

OMRX Mortgage Bond Index (NASDAQ:OMRXMORT)

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.

NASDAQ_OMRXMORT
Open High Low OMRXMORT Price Change
6161.51 6161.86 6159.77 6159.82 -1.66
Entry Signal

MarketClub’s Trade Triangles for OMRXMORT

long term up The long term trend has been UP since Jan 2nd, 2019 at 6111.38

intermediate term up The intermediate term trend has been UP since Apr 25th, 2019 at 6139.40

short term down The short term trend has been DOWN since May 20th, 2019 at 6159.80

Smart Scan Analysis for OMRXMORT

Based on a pre-defined weighted trend formula for chart analysis, OMRXMORT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for OMRXMORT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6161.51 6161.86 6159.77 6159.82 -1.66
Prev. Close Volume Bid Ask Time
6120.64 0 2019-05-20 10:20:00
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