Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
NASDAQ LAT AMERICA TRUST INDEX (NASDAQ:NQLAT)
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 NQLAT
The long term trend has been UP since Oct 8th, 2018 at 863.79
The intermediate term trend has been UP since Sep 21st, 2018 at 796.62
The short term trend has been DOWN since Oct 19th, 2018 at 839.56
Smart Scan Analysis for NQLAT
Based on a pre-defined weighted trend formula for chart analysis, NQLAT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||999.93||52wk High Date||2018-01-26|
|52wk Low||727.76||52wk Low Date||2018-06-07|