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Index Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

NASDAQ MEXICO BASIC MATLS INDEX (NASDAQ:NQMX1000)

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_NQMX1000
Open High Low NQMX1000 Price Change
455.52 466.63 444.42 462.14 +5.57
Entry Signal

MarketClub’s Trade Triangles for NQMX1000

long term down The long term trend has been DOWN since May 2nd, 2018 at 682.76

intermediate term down The intermediate term trend has been DOWN since Oct 8th, 2018 at 617.52

short term up The short term trend has been UP since Nov 28th, 2018 at 441.43

Smart Scan Analysis for NQMX1000

Based on a pre-defined weighted trend formula for chart analysis, NQMX1000 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NQMX1000
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
455.52 466.63 444.42 462.14 +5.57
Prev. Close Volume Bid Ask Time
465.3 0 2018-12-06 17:15:00
52wk High781.4252wk High Date2018-01-26
52wk Low407.7252wk Low Date2018-11-26
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