Index Trend Analysis Report
Prepared for you on Sunday, May 28, 2017.
NASDAQ NGSM NET TICK (DTN:@JTGT)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 @JTGT
The long term trend has been DOWN since Mar 27th, 2017 at -731
The intermediate term trend has been UP since May 25th, 2017 at 598
The short term trend has been UP since May 22nd, 2017 at 524
Smart Scan Analysis for @JTGT
Based on a pre-defined weighted trend formula for chart analysis, @JTGT scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).