Index Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
NASDAQ COMMODITY 2ND FRONT COTTON INDEX (NASDAQ:NQCI2CTTR)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 NQCI2CTTR
The long term trend has been DOWN since Sep 18th, 2018 at 983.72
The intermediate term trend has been UP since Dec 4th, 2018 at 961.37
The short term trend has been UP since Nov 28th, 2018 at 960.02
Smart Scan Analysis for NQCI2CTTR
Based on a pre-defined weighted trend formula for chart analysis, NQCI2CTTR scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1123.39||52wk High Date||2018-06-14|
|52wk Low||844.95||52wk Low Date||2017-12-05|