Index Trend Analysis Report
Prepared for you on Saturday, September 23, 2017.
NASDAQ BRIC TECH TRUST INDEX (NASDAQ:NQBRIC9000T)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 NQBRIC9000T
The long term trend has been UP since Feb 12th, 2017 at 2330.95
The intermediate term trend has been UP since Sep 12th, 2017 at 3221.30
The short term trend has been DOWN since Sep 22nd, 2017 at 3317.14
Smart Scan Analysis for NQBRIC9000T
Based on a pre-defined weighted trend formula for chart analysis, NQBRIC9000T scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3351.26||52wk High Date||2017-09-21|
|52wk Low||2116||52wk Low Date||2016-12-26|