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Index Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

NASDAQ GLOBAL MEDIA INDEX (NASDAQ:NQG5500)

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.

NASDAQ_NQG5500
Open High Low NQG5500 Price Change
1704.28 1704.35 1703.37 1703.70 -4.20
Entry Signal

MarketClub’s Trade Triangles for NQG5500

long term down The long term trend has been DOWN since Oct 10th, 2018 at 1682.16

intermediate term down The intermediate term trend has been DOWN since Oct 5th, 2018 at 1702.34

short term up The short term trend has been UP since Oct 16th, 2018 at 1682.21

Smart Scan Analysis for NQG5500

Based on a pre-defined weighted trend formula for chart analysis, NQG5500 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NQG5500
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1704.28 1704.35 1703.37 1703.70 -4.20
Prev. Close Volume Bid Ask Time
1707.9 0 2018-10-23 01:23:00
52wk High1908.1852wk High Date2018-01-29
52wk Low1617.3252wk Low Date2018-05-03
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