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Index Trend Analysis Report

Prepared for you on Tuesday, December 18, 2018.

NASDAQ MEA BASIC MATLS INDEX (NASDAQ:NQMEA1000)

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_NQMEA1000
Open High Low NQMEA1000 Price Change
483.97 485.37 482.69 484.46 +3.07
Entry Signal

MarketClub’s Trade Triangles for NQMEA1000

long term down The long term trend has been DOWN since Nov 27th, 2018 at 477.42

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 508.66

short term down The short term trend has been DOWN since Nov 30th, 2018 at 477.14

Smart Scan Analysis for NQMEA1000

Based on a pre-defined weighted trend formula for chart analysis, NQMEA1000 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for NQMEA1000
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
483.97 485.37 482.69 484.46 +3.07
Prev. Close Volume Bid Ask Time
490.45 0 2018-12-07 04:56:00
52wk High584.0652wk High Date2018-01-25
52wk Low457.3752wk Low Date2018-06-15
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