Index Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
EMINI NASDAQ 100 PREMIUM (DTN:@PRNQ)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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 @PRNQ
The long term trend has been UP since Oct 26th, 2017 at 59.20
The intermediate term trend has been DOWN since Nov 9th, 2017 at -59.35
The short term trend has been UP since Nov 16th, 2017 at 27.14
Smart Scan Analysis for @PRNQ
Based on a pre-defined weighted trend formula for chart analysis, @PRNQ scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).