Index Trend Analysis Report
Prepared for you on Wednesday, August 21, 2019.
ISE SINdex Total Return (NASDAQ:SINTR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 SINTR
The long term trend has been DOWN since May 28th, 2019 at 493.50
The intermediate term trend has been DOWN since Jul 22nd, 2019 at 518.41
The short term trend has been UP since Aug 19th, 2019 at 480.07
Smart Scan Analysis for SINTR
Based on a pre-defined weighted trend formula for chart analysis, SINTR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).