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Index Trend Analysis Report

Prepared for you on Tuesday, October 16, 2018.

NASDAQ GLOBAL BASIC MATLS TRUST INDEX (NASDAQ:NQG1000T)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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.

NASDAQ_NQG1000T
Open High Low NQG1000T Price Change
1186.12 1193.08 1185.19 1193.03 +7.03
Entry Signal

MarketClub’s Trade Triangles for NQG1000T

long term down The long term trend has been DOWN since Jun 28th, 2018 at 1250.39

intermediate term down The intermediate term trend has been DOWN since Sep 10th, 2018 at 1218.18

short term down The short term trend has been DOWN since Sep 27th, 2018 at 1280.64

Smart Scan Analysis for NQG1000T

Based on a pre-defined weighted trend formula for chart analysis, NQG1000T scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NQG1000T
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1186.12 1193.08 1185.19 1193.03 +7.03
Prev. Close Volume Bid Ask Time
1186 0 2018-10-16 08:25:00
52wk High1410.9752wk High Date2018-01-25
52wk Low1174.6252wk Low Date2018-10-11
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