Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
NASDAQ ALPHADEX TOTAL US MARKET INDEX (NASDAQ:NQDXUSB)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 NQDXUSB
The long term trend has been UP since May 22nd, 2018 at 1342.00
The intermediate term trend has been DOWN since Jun 25th, 2018 at 1336.58
The short term trend has been DOWN since Jul 17th, 2018 at 1355.68
Smart Scan Analysis for NQDXUSB
Based on a pre-defined weighted trend formula for chart analysis, NQDXUSB scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1374.3||52wk High Date||2018-06-20|
|52wk Low||1132.53||52wk Low Date||2017-08-21|