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Future Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

NASDAQ 100 INDEX (E-MINI) Dec 2018 (E) (CME:NQ.Z18.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 negative trend to resume. Downtrend 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.

CME_NQ.Z18.E
Open High Low NQ.Z18.E Price Change
7339.75 7368.50 7319.00 7323.25 -30.50
Entry Signal

MarketClub’s Trade Triangles for NQ.Z18.E

long term down The long term trend has been DOWN since Oct 11th, 2018 at 7012.00

intermediate term down The intermediate term trend has been DOWN since Oct 5th, 2018 at 7422.25

short term up The short term trend has been UP since Oct 16th, 2018 at 7197.75

Smart Scan Analysis for NQ.Z18.E

Based on a pre-defined weighted trend formula for chart analysis, NQ.Z18.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NQ.Z18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
7339.75 7368.50 7319.00 7323.25 -30.50
Prev. Close Volume Bid Ask Time
7340.5 66045 2018-10-17 06:27:21
Contract High7728.75Contract High Date2018-10-01
Contract Low6026.25Contract Low Date2017-10-02
Estimated Volume641765Expiration2018-12-21
Open Time18:00Close Time17:00
Want to analyze NASDAQ 100 INDEX (E-MINI) Dec 2018 (E) NQ.Z18.E or another symbol? Try our Free Future Trend Analysis Report.