Index Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
NASDAQ NGSM NET VOLUME (DTN:@JVGT)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 @JVGT
The long term trend has been DOWN since Jan 30th, 2018 at -701362
The intermediate term trend has been UP since Jun 1st, 2018 at 651433
The short term trend has been DOWN since Jun 21st, 2018 at -399737
Smart Scan Analysis for @JVGT
Based on a pre-defined weighted trend formula for chart analysis, @JVGT scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).