Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
NASDAQ EUROPE TECH NTR INDEX (NASDAQ:NQEU9000N)
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 NQEU9000N
The long term trend has been DOWN since Aug 15th, 2018 at 1980.21
The intermediate term trend has been DOWN since Sep 7th, 2018 at 1954.52
The short term trend has been UP since Sep 11th, 2018 at 1996.83
Smart Scan Analysis for NQEU9000N
Based on a pre-defined weighted trend formula for chart analysis, NQEU9000N scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2188.27||52wk High Date||2018-06-15|
|52wk Low||1850.78||52wk Low Date||2017-09-27|