Monday, August 24, 2015

#BMO Stocks TSX 66.70 NYSE 50.41 see My Pre-Diction

10830
My Pre-Diction  BMO will reach ..
TSX  32.00 and  NYSE 40.00  respectively  sooner than later....stay tuned....

BMO should have stuck with banking and keep its nose OUT of Canadian social and educational affaires... see my blog Archives.




BANK of MONTREAL (NYSE:BMO)

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.
NYSE_BMO
OpenHighLowBMO PriceChange
48.440050.910048.170050.3888-1.9612
Entry Signal

 

MarketClub’s Trade Triangles for BMO

long term downThe long term trend has been DOWN since Oct 14th, 2014 at 71.600000 my emphasis
intermediate term downThe intermediate term trend has been DOWN since May 19th, 2015 at 63.100000
short term downThe short term trend has been DOWN since Aug 13th, 2015 at 55.260000

Smart Scan Analysis for BMO

Based on a pre-defined weighted trend formula for chart analysis, BMO scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
-100

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