Index Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
NASDAQ COMMODITY 2ND FRONT COTTON TRUST (NASDAQ:NQCI3CTTR)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 NQCI3CTTR
The long term trend has been DOWN since Sep 18th, 2018 at 983.5
The intermediate term trend has been UP since Oct 15th, 2018 at 969.5
The short term trend has been UP since Oct 8th, 2018 at 944.3
Smart Scan Analysis for NQCI3CTTR
Based on a pre-defined weighted trend formula for chart analysis, NQCI3CTTR scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1115.94||52wk High Date||2018-06-14|
|52wk Low||775.14||52wk Low Date||2017-10-20|