Index Trend Analysis Report
Prepared for you on Monday, May 21, 2018.
NASDAQ DM MEA INSURED INDEX (NASDAQ:NQDMMEA8500)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 NQDMMEA8500
The long term trend has been DOWN since Apr 3rd, 2018 at 1378.51
The intermediate term trend has been DOWN since Mar 21st, 2018 at 1454.41
The short term trend has been UP since May 16th, 2018 at 1299.29
Smart Scan Analysis for NQDMMEA8500
Based on a pre-defined weighted trend formula for chart analysis, NQDMMEA8500 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1611.04||52wk High Date||2018-01-29|
|52wk Low||1158.13||52wk Low Date||2017-05-18|