Index Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
NASDAQ EM MEA SM-CAP INDEX (NASDAQ:NQEMMEASC)
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 NQEMMEASC
The long term trend has been DOWN since Oct 8th, 2018 at 1004.89
The intermediate term trend has been DOWN since Oct 5th, 2018 at 1022.50
The short term trend has been UP since Oct 10th, 2018 at 1027.52
Smart Scan Analysis for NQEMMEASC
Based on a pre-defined weighted trend formula for chart analysis, NQEMMEASC scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1293.84||52wk High Date||2018-06-04|
|52wk Low||847.58||52wk Low Date||2017-11-16|