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Index Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

NASDAQ DEVELOPED BASIC RESOURCES TRUST INDE (NASDAQ:NQDM1700T)

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_NQDM1700T
Open High Low NQDM1700T Price Change
806.69 806.86 806.18 806.31 -0.95
Entry Signal

MarketClub’s Trade Triangles for NQDM1700T

long term down The long term trend has been DOWN since Jul 20th, 2018 at 941.29

intermediate term down The intermediate term trend has been DOWN since Sep 5th, 2018 at 877.62

short term down The short term trend has been DOWN since Dec 6th, 2018 at 815.08

Smart Scan Analysis for NQDM1700T

Based on a pre-defined weighted trend formula for chart analysis, NQDM1700T scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for NQDM1700T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
806.69 806.86 806.18 806.31 -0.95
Prev. Close Volume Bid Ask Time
823.39 0 2018-12-07 00:41:00
52wk High1068.4152wk High Date2018-01-15
52wk Low803.5952wk Low Date2018-11-28
Want to analyze NASDAQ DEVELOPED BASIC RESOURCES TRUST INDE NQDM1700T or another symbol? Try our Free Index Trend Analysis Report.