Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
NASDAQ COMB NET ISSUES (DTN:@JIQT)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 @JIQT
The long term trend has been UP since Mar 26th, 2018 at 1668
The intermediate term trend has been UP since Jul 5th, 2018 at 1309
The short term trend has been UP since Jul 12th, 2018 at 1308
Smart Scan Analysis for @JIQT
Based on a pre-defined weighted trend formula for chart analysis, @JIQT scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).