Future Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
NASDAQ 100 INDEX (E-MINI) Sep 2018 (E) (CME:NQ.U18.E)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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.U18.E
The long term trend has been UP since Mar 9th, 2018 at 7080.75
The intermediate term trend has been DOWN since Jul 30th, 2018 at 7204.50
The short term trend has been DOWN since Aug 10th, 2018 at 7440.25
Smart Scan Analysis for NQ.U18.E
Based on a pre-defined weighted trend formula for chart analysis, NQ.U18.E scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||7530||Contract High Date||2018-07-25|
|Contract Low||6245||Contract Low Date||2018-02-09|
|Open Time||18:00||Close Time||17:00|