Future Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
NASDAQ 100 INDEX (E-MINI) Jun 2019 (CME:NQ.M19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 NQ.M19
The long term trend has been DOWN since Oct 11th, 2018 at 7106.75
The intermediate term trend has been UP since Jan 11th, 2019 at 6652.00
The short term trend has been UP since Jan 15th, 2019 at 6654.00
Smart Scan Analysis for NQ.M19
Based on a pre-defined weighted trend formula for chart analysis, NQ.M19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).