Index Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
NASDAQ COMB NET ISSUES (DTN:@JIQT)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 @JIQT
The long term trend has been UP since Mar 26th, 2018 at 1668
The intermediate term trend has been DOWN since Apr 2nd, 2018 at -1889
The short term trend has been DOWN since Apr 24th, 2018 at -1042
Smart Scan Analysis for @JIQT
Based on a pre-defined weighted trend formula for chart analysis, @JIQT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).