Index Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
NASDAQ NGSM NET VOLUME (DTN:@JVGT)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 @JVGT
The long term trend has been UP since Oct 12th, 2018 at 803301
The intermediate term trend has been UP since Oct 12th, 2018 at 803301
The short term trend has been DOWN since Nov 29th, 2018 at -129427
Smart Scan Analysis for @JVGT
Based on a pre-defined weighted trend formula for chart analysis, @JVGT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).