Future Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
NASDAQ 100 INDEX (E-MINI) Jun 2018 (E) (CME:NQ.M18.E)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 NQ.M18.E
The long term trend has been UP since Mar 9th, 2018 at 7072.00
The intermediate term trend has been UP since Apr 18th, 2018 at 6849.25
The short term trend has been DOWN since Apr 20th, 2018 at 6698.50
Smart Scan Analysis for NQ.M18.E
Based on a pre-defined weighted trend formula for chart analysis, NQ.M18.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||7214.5||Contract High Date||2018-03-13|
|Contract Low||5892||Contract Low Date||2017-09-25|
|Open Time||18:00||Close Time||17:00|