Index Trend Analysis Report
Prepared for you on Saturday, September 23, 2017.
NASDAQ UK TECH INDEX (NASDAQ:NQGB9000)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 NQGB9000
The long term trend has been UP since Feb 8th, 2017 at 1371.35
The intermediate term trend has been UP since Aug 28th, 2017 at 1547.09
The short term trend has been DOWN since Sep 21st, 2017 at 1685.22
Smart Scan Analysis for NQGB9000
Based on a pre-defined weighted trend formula for chart analysis, NQGB9000 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1716.26||52wk High Date||2017-09-20|
|52wk Low||1270.71||52wk Low Date||2016-11-16|