Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
NASDAQ BRIC TECH TRUST INDEX (NASDAQ:NQBRIC9000T)
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.
MarketClub’s Trade Triangles for NQBRIC9000T
The long term trend has been UP since Feb 12th, 2017 at 2330.95
The intermediate term trend has been DOWN since Feb 6th, 2018 at 4091.68
The short term trend has been DOWN since Feb 19th, 2018 at 4167.46
Smart Scan Analysis for NQBRIC9000T
Based on a pre-defined weighted trend formula for chart analysis, NQBRIC9000T scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4486.65||52wk High Date||2018-01-24|
|52wk Low||2349.1||52wk Low Date||2017-03-01|