Index Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
NASDAQ COMMODITY HG COPPER INDEX ER (NASDAQ:NQCIHGER)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 NQCIHGER
The long term trend has been UP since Jun 6th, 2018 at 825.10
The intermediate term trend has been UP since Jun 5th, 2018 at 807.41
The short term trend has been DOWN since Jun 12th, 2018 at 832.40
Smart Scan Analysis for NQCIHGER
Based on a pre-defined weighted trend formula for chart analysis, NQCIHGER scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||862.94||52wk High Date||2017-12-28|
|52wk Low||681.47||52wk Low Date||2017-06-22|