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Index Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

NASDAQ 100 INDEX (NASDAQ:NDX)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

NASDAQ_NDX
Open High Low NDX Price Change
6679.91 6710.41 6585.31 6594.96 -173.01
Entry Signal

MarketClub’s Trade Triangles for NDX

long term down The long term trend has been DOWN since Oct 11th, 2018 at 6969.16

intermediate term up The intermediate term trend has been UP since Dec 4th, 2018 at 6998.80

short term up The short term trend has been UP since Dec 12th, 2018 at 6849.38

Smart Scan Analysis for NDX

Based on a pre-defined weighted trend formula for chart analysis, NDX scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for NDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6679.91 6710.41 6585.31 6594.96 -173.01
Prev. Close Volume Bid Ask Time
6892.4 0 2018-12-14 17:15:33
52wk High7700.5652wk High Date2018-10-01
52wk Low6164.4352wk Low Date2018-02-09
Want to analyze NASDAQ 100 INDEX NDX or another symbol? Try our Free Index Trend Analysis Report.