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Index Trend Analysis Report

Prepared for you on Saturday, January 20, 2018.

NASDAQ DEVELOPED BASIC MATLS INDEX (NASDAQ:NQDM1000)

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.

NASDAQ_NQDM1000
Open High Low NQDM1000 Price Change
1269.48 1275.67 0.00 1273.99 +7.51
Entry Signal

MarketClub’s Trade Triangles for NQDM1000

long term up The long term trend has been UP since Mar 17th, 2016 at 823.01

intermediate term up The intermediate term trend has been UP since Dec 18th, 2017 at 1171.37

short term down The short term trend has been DOWN since Jan 17th, 2018 at 1272.41

Smart Scan Analysis for NQDM1000

Based on a pre-defined weighted trend formula for chart analysis, NQDM1000 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for NQDM1000
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1269.48 1275.67 0.00 1273.99 +7.51
Prev. Close Volume Bid Ask Time
1274.51 0 2018-01-19 15:48:00
52wk High1288.0752wk High Date2018-01-15
52wk Low989.0652wk Low Date2017-03-10
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