Index Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
NASDAQ NGSM NET TICK (DTN:@JTGT)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 @JTGT
The long term trend has been DOWN since Apr 4th, 2018 at -865
The intermediate term trend has been DOWN since Jun 7th, 2018 at -637
The short term trend has been DOWN since Jun 15th, 2018 at -464
Smart Scan Analysis for @JTGT
Based on a pre-defined weighted trend formula for chart analysis, @JTGT scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).