Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
NYA COMPOSITE NET ISSUES (DTN:@JI7T)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 UP since Mar 26th, 2018 at 1694
The intermediate term trend has been UP since Aug 16th, 2018 at 1475
The short term trend has been DOWN since Sep 21st, 2018 at -140
Smart Scan Analysis for @JI7T
Based on a pre-defined weighted trend formula for chart analysis, @JI7T scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).