Index Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
NASDAQ EMERGING IND GOODS & SERVICES INDEX (NASDAQ:NQEM2700)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 NQEM2700
The long term trend has been UP since Feb 2nd, 2017 at 946.76
The intermediate term trend has been UP since Oct 16th, 2017 at 1150.33
The short term trend has been DOWN since Oct 18th, 2017 at 1146.15
Smart Scan Analysis for NQEM2700
Based on a pre-defined weighted trend formula for chart analysis, NQEM2700 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1162.04||52wk High Date||2017-09-18|
|52wk Low||865.07||52wk Low Date||2016-12-23|