Index Trend Analysis Report
Prepared for you on Friday, August 23, 2019.
OMRX Treasury Bill 180 day Index (NASDAQ:OMRXTBILL180)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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 OMRXTBILL180
The long term trend has been DOWN since Dec 10th, 2018 at 366.11
The intermediate term trend has been DOWN since May 24th, 2019 at 364.97
The short term trend has been DOWN since Aug 21st, 2019 at 364.58
Smart Scan Analysis for OMRXTBILL180
Based on a pre-defined weighted trend formula for chart analysis, OMRXTBILL180 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).