Index Trend Analysis Report
Prepared for you on Saturday, September 22, 2018.
NASDAQ NGSM NET VOLUME (DTN:@JVGT)
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 @JVGT
The long term trend has been DOWN since Jan 30th, 2018 at -701362
The intermediate term trend has been UP since Sep 20th, 2018 at 565523
The short term trend has been DOWN since Sep 21st, 2018 at -94825
Smart Scan Analysis for @JVGT
Based on a pre-defined weighted trend formula for chart analysis, @JVGT scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).