Index Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
NASDAQ EM MEA MID-CAP NTR INDEX (NASDAQ:NQEMMEAMCN)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 NQEMMEAMCN
The long term trend has been DOWN since May 8th, 2018 at 1256.71
The intermediate term trend has been DOWN since Feb 5th, 2018 at 1304.76
The short term trend has been UP since Jun 22nd, 2018 at 1113.39
Smart Scan Analysis for NQEMMEAMCN
Based on a pre-defined weighted trend formula for chart analysis, NQEMMEAMCN scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1449.68||52wk High Date||2018-01-26|
|52wk Low||1039.24||52wk Low Date||2017-07-11|