Index Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
NASDAQ NCM NET TICK (DTN:@JTST)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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 @JTST
The long term trend has been DOWN since Jun 6th, 2018 at -291
The intermediate term trend has been DOWN since Jun 6th, 2018 at -270
The short term trend has been UP since Jun 20th, 2018 at 119
Smart Scan Analysis for @JTST
Based on a pre-defined weighted trend formula for chart analysis, @JTST scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).