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Index Trend Analysis Report

Prepared for you on Thursday, December 13, 2018.

NASDAQ EMERGING BANKS INDEX (NASDAQ:NQEM8300)

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.

NASDAQ_NQEM8300
Open High Low NQEM8300 Price Change
1104.73 1105.16 1103.47 1103.92 +3.50
Entry Signal

MarketClub’s Trade Triangles for NQEM8300

long term up The long term trend has been UP since Dec 4th, 2018 at 1126.90

intermediate term up The intermediate term trend has been UP since Nov 2nd, 2018 at 1072.67

short term down The short term trend has been DOWN since Dec 5th, 2018 at 1115.41

Smart Scan Analysis for NQEM8300

Based on a pre-defined weighted trend formula for chart analysis, NQEM8300 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for NQEM8300
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1104.73 1105.16 1103.47 1103.92 +3.50
Prev. Close Volume Bid Ask Time
1124.82 0 2018-12-07 00:41:00
52wk High1359.8952wk High Date2018-01-29
52wk Low1032.7252wk Low Date2018-09-12
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