Future Trend Analysis Report
Prepared for you on Saturday, September 23, 2017.
NASDAQ 100 INDEX (E-MINI) Sep 2017 (E) (CME:NQ.U17.E)
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 NQ.U17.E
The long term trend has been UP since Dec 9th, 2016 at 4888.75
The intermediate term trend has been UP since Aug 31st, 2017 at 5972.75
The short term trend has been DOWN since Sep 15th, 2017 at 5964.25
Smart Scan Analysis for NQ.U17.E
Based on a pre-defined weighted trend formula for chart analysis, NQ.U17.E scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||6019.75||Contract High Date||2017-09-01|
|Contract Low||4599||Contract Low Date||2016-11-08|
|Open Time||18:00||Close Time||17:00|