Index Trend Analysis Report
Prepared for you on Saturday, May 26, 2018.
NASDAQ ALPHADEX SM-CAP CORE GBP INDEX (NASDAQ:NQDXUSSCGBP)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 NQDXUSSCGBP
The long term trend has been UP since May 2nd, 2018 at 1032.65
The intermediate term trend has been UP since Apr 18th, 2018 at 999.89
The short term trend has been DOWN since May 24th, 2018 at 1093.74
Smart Scan Analysis for NQDXUSSCGBP
Based on a pre-defined weighted trend formula for chart analysis, NQDXUSSCGBP scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1106.83||52wk High Date||2018-05-22|
|52wk Low||941.18||52wk Low Date||2018-02-09|