Future Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
NASDAQ 100 INDEX (E-MINI) Dec 2018 (E) (CME:NQ.Z18.E)
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.Z18.E
The long term trend has been UP since Oct 4th, 2017 at 6045.5
The intermediate term trend has been UP since Aug 26th, 2018 at 7529.0
The short term trend has been UP since Sep 20th, 2018 at 7575.0
Smart Scan Analysis for NQ.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, NQ.Z18.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||7723.5||Contract High Date||2018-08-30|
|Contract Low||6026.25||Contract Low Date||2017-10-02|
|Open Time||18:00||Close Time||17:00|