Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
NASDAQ NCM NET TICK (DTN:@JTST)
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 @JTST
The long term trend has been DOWN since Feb 5th, 2018 at -151
The intermediate term trend has been UP since Mar 16th, 2018 at 186
The short term trend has been DOWN since Mar 16th, 2018 at -84
Smart Scan Analysis for @JTST
Based on a pre-defined weighted trend formula for chart analysis, @JTST scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).