Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
NASDAQ DM EX US BASIC MATERIALS INDEX (NASDAQ:NQDMXUS1000)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 NQDMXUS1000
The long term trend has been DOWN since Jun 21st, 2018 at 1121.29
The intermediate term trend has been DOWN since Jun 18th, 2018 at 1154.88
The short term trend has been UP since Jul 17th, 2018 at 1112.15
Smart Scan Analysis for NQDMXUS1000
Based on a pre-defined weighted trend formula for chart analysis, NQDMXUS1000 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1280.31||52wk High Date||2018-01-25|
|52wk Low||1051.06||52wk Low Date||2017-08-15|