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Index Trend Analysis Report

Prepared for you on Monday, October 15, 2018.

NASDAQ DEVELOPED BASIC MATLS INDEX (NASDAQ:NQDM1000)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
1055.36 1061.28 1053.11 1059.27 +0.19
Entry Signal

MarketClub’s Trade Triangles for NQDM1000

long term down The long term trend has been DOWN since Jul 3rd, 2018 at 1131.73

intermediate term down The intermediate term trend has been DOWN since Sep 7th, 2018 at 1091.36

short term down The short term trend has been DOWN since Oct 2nd, 2018 at 1130.36

Smart Scan Analysis for NQDM1000

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

-100
Smart Scan Analysis for NQDM1000
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1055.36 1061.28 1053.11 1059.27 +0.19
Prev. Close Volume Bid Ask Time
1059.08 0 2018-10-15 14:44:00
52wk High1295.2252wk High Date2018-01-25
52wk Low1049.0552wk Low Date2018-10-11
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