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Index Trend Analysis Report

Prepared for you on Thursday, February 22, 2018.

NASDAQ DEVELOPED CHEMICALS INDEX (NASDAQ:NQDM1300)

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_NQDM1300
Open High Low NQDM1300 Price Change
1583.74 1599.21 1578.52 1594.01 +1.44
Entry Signal

MarketClub’s Trade Triangles for NQDM1300

long term down The long term trend has been DOWN since Feb 8th, 2018 at 1561.78

intermediate term down The intermediate term trend has been DOWN since Feb 2nd, 2018 at 1646.43

short term down The short term trend has been DOWN since Feb 21st, 2018 at 1585.24

Smart Scan Analysis for NQDM1300

Based on a pre-defined weighted trend formula for chart analysis, NQDM1300 scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for NQDM1300
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1583.74 1599.21 1578.52 1594.01 +1.44
Prev. Close Volume Bid Ask Time
1592.57 0 2018-02-22 16:02:00
52wk High1706.1152wk High Date2018-01-29
52wk Low1320.1952wk Low Date2017-03-08
Want to analyze NASDAQ DEVELOPED CHEMICALS INDEX NQDM1300 or another symbol? Try our Free Index Trend Analysis Report.