Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
NASDAQ EMERGING FINANCIAL SERVICES NTR INDEX (NASDAQ:NQEM8700N)
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 NQEM8700N
The long term trend has been UP since Dec 4th, 2018 at 1317.09
The intermediate term trend has been UP since Nov 1st, 2018 at 1225.14
The short term trend has been DOWN since Dec 5th, 2018 at 1308.51
Smart Scan Analysis for NQEM8700N
Based on a pre-defined weighted trend formula for chart analysis, NQEM8700N scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1626.59||52wk High Date||2018-01-29|
|52wk Low||1161.47||52wk Low Date||2018-10-22|