Wednesday, August 27, 2014 10:55:38 AM
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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 Triangle 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.
-The long term trend has been DOWN since Aug 20th, 2014 at 0.000600
-The intermediate term trend has been DOWN since Jun 23rd, 2014 at 0.000900
-The short term trend has been DOWN since Aug 19th, 2014 at 0.000700
Smart Scan Analysis for MDIN
Based on a pre-defined weighted trend formula for chart analysis, MDIN scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
Down down down. This piggy is bled dry. Time to move on!
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