Index Trend Analysis Report
Prepared for you on Friday, September 22, 2017.
NASDAQ NGSM NET TICK (DTN:@JTGT)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 Sep 11th, 2017 at 617
The short term trend has been UP since Sep 22nd, 2017 at 383
Smart Scan Analysis for @JTGT
Based on a pre-defined weighted trend formula for chart analysis, @JTGT scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).