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Smart Scan Chart Analysis confirms that a strong uptrend is in place
posted on
Oct 12, 2009 09:01AM
Smart Scan Chart 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.
Based on a pre-defined weighted trend formula for chart analysis, EDIG scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend):