Today’s Market Movement
Smart Scan Trend Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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.. For more information on Trade Triangles, please see MarketClub.
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MarketClub Trade Triangles
PALATIN TECHNOLOGIES (PTN) +85
Trading up +0.0369 ( +4.92% ) at 0.7869. Chart confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
RESPONSE GENETICS (RGDXQ) -75
Trading down -0.0005 ( -50.00% ) at 0.0005. Chart is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
NASDAQ EMERGING AUTO & PARTS NTR INDEX (NQEM3300N) +90
Trading up +15.86 ( +1.00% ) at 1596.15. Chart 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.