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Index Trend Analysis Report

Prepared for you on Thursday, May 24, 2018.

NASDAQ DEVELOPED TELECOM INDEX (NASDAQ:NQDM6000)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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.

NASDAQ_NQDM6000
Open High Low NQDM6000 Price Change
1135.09 1136.97 1132.32 1136.45 -1.37
Entry Signal

MarketClub’s Trade Triangles for NQDM6000

long term down The long term trend has been DOWN since Feb 8th, 2018 at 1170.13

intermediate term down The intermediate term trend has been DOWN since May 1st, 2018 at 1167.59

short term up The short term trend has been UP since May 22nd, 2018 at 1140.02

Smart Scan Analysis for NQDM6000

Based on a pre-defined weighted trend formula for chart analysis, NQDM6000 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for NQDM6000
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1135.09 1136.97 1132.32 1136.45 -1.37
Prev. Close Volume Bid Ask Time
1137.82 0 2018-05-24 16:01:00
52wk High1273.4152wk High Date2018-01-29
52wk Low1126.9552wk Low Date2018-05-21
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