Index Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
NASDAQ NGSM NET TICK (DTN:@JTGT)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 Jan 16th, 2018 at -476
The short term trend has been DOWN since Jan 18th, 2018 at -495
Smart Scan Analysis for @JTGT
Based on a pre-defined weighted trend formula for chart analysis, @JTGT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).