Index Trend Analysis Report
Prepared for you on Wednesday, September 20, 2017.
NASDAQ DM MEA INSURED INDEX (NASDAQ:NQDMMEA8500)
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 NQDMMEA8500
The long term trend has been DOWN since Sep 12th, 2017 at 1177.32
The intermediate term trend has been UP since Sep 19th, 2017 at 1250.11
The short term trend has been UP since Sep 15th, 2017 at 1211.06
Smart Scan Analysis for NQDMMEA8500
Based on a pre-defined weighted trend formula for chart analysis, NQDMMEA8500 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1293.45||52wk High Date||2017-07-13|
|52wk Low||770.32||52wk Low Date||2016-09-21|