Index Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
NASDAQ NGSM NET TICK (DTN:@JTGT)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 @JTGT
The long term trend has been UP since Oct 20th, 2017 at 701
The intermediate term trend has been DOWN since Nov 15th, 2017 at -647
The short term trend has been UP since Nov 16th, 2017 at 389
Smart Scan Analysis for @JTGT
Based on a pre-defined weighted trend formula for chart analysis, @JTGT scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).