Index Trend Analysis Report
Prepared for you on Sunday, February 18, 2018.
NASDAQ EMERGING IND GOODS & SERVICES INDEX (NASDAQ:NQEM2700)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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 NQEM2700
The long term trend has been UP since Jan 1st, 2018 at 1155.25
The intermediate term trend has been DOWN since Feb 5th, 2018 at 1165.62
The short term trend has been UP since Feb 12th, 2018 at 1117.59
Smart Scan Analysis for NQEM2700
Based on a pre-defined weighted trend formula for chart analysis, NQEM2700 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1204.99||52wk High Date||2018-01-25|
|52wk Low||970.29||52wk Low Date||2017-03-10|