Index Trend Analysis Report
Prepared for you on Wednesday, September 26, 2018.
NASDAQ DM MEA INDEX (NASDAQ:NQDMMEA)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
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 UP since Aug 20th, 2018 at 1105.22
The short term trend has been DOWN since Sep 25th, 2018 at 1173.87
Smart Scan Analysis for NQDMMEA
Based on a pre-defined weighted trend formula for chart analysis, NQDMMEA scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1184.46||52wk High Date||2018-09-20|
|52wk Low||918.4||52wk Low Date||2017-11-09|