Index Trend Analysis Report
Prepared for you on Sunday, November 19, 2017.
NASDAQ DM ASIA UTIL INDEX (NASDAQ:NQDMASIA7000)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.
MarketClub’s Trade Triangles for NQDMASIA7000
The long term trend has been DOWN since Sep 24th, 2017 at 1085.26
The intermediate term trend has been DOWN since Nov 13th, 2017 at 1083.97
The short term trend has been DOWN since Nov 12th, 2017 at 1095.28
Smart Scan Analysis for NQDMASIA7000
Based on a pre-defined weighted trend formula for chart analysis, NQDMASIA7000 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1165.13||52wk High Date||2017-06-02|
|52wk Low||1010.69||52wk Low Date||2016-12-05|