Index Trend Analysis Report
Prepared for you on Sunday, January 21, 2018.
NASDAQ EM MEA RETAIL INDEX (NASDAQ:NQEMMEA5300)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 NQEMMEA5300
The long term trend has been UP since Dec 1st, 2017 at 855.74
The intermediate term trend has been UP since Nov 20th, 2017 at 769.88
The short term trend has been UP since Jan 16th, 2018 at 958.49
Smart Scan Analysis for NQEMMEA5300
Based on a pre-defined weighted trend formula for chart analysis, NQEMMEA5300 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1046.82||52wk High Date||2018-01-18|
|52wk Low||717.04||52wk Low Date||2017-11-13|