Index Trend Analysis Report
Prepared for you on Sunday, July 15, 2018.
NASDAQ DM MEA INDEX (NASDAQ:NQDMMEA)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.
MarketClub’s Trade Triangles for NQDMMEA
The long term trend has been UP since Jun 11th, 2018 at 1096.55
The intermediate term trend has been DOWN since Jun 26th, 2018 at 1077.67
The short term trend has been DOWN since Jul 11th, 2018 at 1081.63
Smart Scan Analysis for NQDMMEA
Based on a pre-defined weighted trend formula for chart analysis, NQDMMEA scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1187.69||52wk High Date||2017-07-27|
|52wk Low||918.4||52wk Low Date||2017-11-09|