Index Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
EMINI NASDAQ 100 PREMIUM (DTN:@PRNQ)
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 @PRNQ
The long term trend has been UP since Oct 26th, 2017 at 59.20
The intermediate term trend has been UP since Jan 16th, 2018 at 54.67
The short term trend has been DOWN since Jan 18th, 2018 at 4.16
Smart Scan Analysis for @PRNQ
Based on a pre-defined weighted trend formula for chart analysis, @PRNQ scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).