Index Trend Analysis Report
Prepared for you on Saturday, June 23, 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 UP since Mar 26th, 2018 at 1694
The intermediate term trend has been DOWN since Jun 19th, 2018 at -1353
The short term trend has been UP since Jun 20th, 2018 at 258
Smart Scan Analysis for @JI7T
Based on a pre-defined weighted trend formula for chart analysis, @JI7T scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).