Future Trend Analysis Report
Prepared for you on Saturday, September 23, 2017.
NASDAQ 100 INDEX (E-MINI) Dec 2017 (E) (CME:NQ.Z17.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.Z17.E
The long term trend has been UP since Dec 13th, 2016 at 4901.00
The intermediate term trend has been UP since Aug 31st, 2017 at 5979.25
The short term trend has been DOWN since Sep 20th, 2017 at 5967.25
Smart Scan Analysis for NQ.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, NQ.Z17.E scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||6025.75||Contract High Date||2017-09-01|
|Contract Low||4694||Contract Low Date||2016-11-15|
|Open Time||18:00||Close Time||17:00|