Index Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
NYA COMPOSITE NET ISSUES (DTN:@JI7T)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 Aug 10th, 2017 at -1786
The intermediate term trend has been UP since Nov 16th, 2017 at 1371
The short term trend has been UP since Dec 4th, 2017 at 1137
Smart Scan Analysis for @JI7T
Based on a pre-defined weighted trend formula for chart analysis, @JI7T scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).