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Index Trend Analysis Report

Prepared for you on Wednesday, December 12, 2018.

NASDAQ ASPA BASIC MATLS INDEX (NASDAQ:NQASPA1000)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_NQASPA1000
Open High Low NQASPA1000 Price Change
964.13 969.21 961.80 965.07 -3.08
Entry Signal

MarketClub’s Trade Triangles for NQASPA1000

long term down The long term trend has been DOWN since Apr 6th, 2018 at 1115.63

intermediate term down The intermediate term trend has been DOWN since Oct 10th, 2018 at 1041.39

short term down The short term trend has been DOWN since Dec 4th, 2018 at 983.11

Smart Scan Analysis for NQASPA1000

Based on a pre-defined weighted trend formula for chart analysis, NQASPA1000 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NQASPA1000
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
964.13 969.21 961.80 965.07 -3.08
Prev. Close Volume Bid Ask Time
984.5 0 2018-12-06 23:29:00
52wk High1277.1352wk High Date2018-01-29
52wk Low945.352wk Low Date2018-10-26
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