Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
NASDAQ EMERGING INSURED INDEX (NASDAQ:NQEM8500)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 NQEM8500
The long term trend has been DOWN since Apr 4th, 2018 at 1460.65
The intermediate term trend has been UP since Nov 2nd, 2018 at 1329.69
The short term trend has been DOWN since Nov 19th, 2018 at 1319.08
Smart Scan Analysis for NQEM8500
Based on a pre-defined weighted trend formula for chart analysis, NQEM8500 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1695.84||52wk High Date||2018-01-23|
|52wk Low||1240.25||52wk Low Date||2018-10-29|