Index Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
NYA COMPOSITE NET ISSUES (DTN:@JI7T)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 @JI7T
The long term trend has been DOWN since Feb 2nd, 2018 at -1711
The intermediate term trend has been UP since Feb 9th, 2018 at 1443
The short term trend has been UP since Feb 6th, 2018 at 347
Smart Scan Analysis for @JI7T
Based on a pre-defined weighted trend formula for chart analysis, @JI7T scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).