Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
NASDAQ DM EX US OIL & GAS INDEX (NASDAQ:NQDMXUS0001)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 NQDMXUS0001
The long term trend has been UP since May 7th, 2018 at 1093.45
The intermediate term trend has been UP since Jul 5th, 2018 at 1101.80
The short term trend has been DOWN since Jul 12th, 2018 at 1094.42
Smart Scan Analysis for NQDMXUS0001
Based on a pre-defined weighted trend formula for chart analysis, NQDMXUS0001 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1142.79||52wk High Date||2018-05-22|
|52wk Low||904.76||52wk Low Date||2017-08-18|