Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
NASDAQ-100 TARGET 25 NOTIONAL NET RETURN (NASDAQ:XNDXT25NNR)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 XNDXT25NNR
The long term trend has been DOWN since Oct 8th, 2018 at 1064.35
The intermediate term trend has been DOWN since Sep 11th, 2018 at 1104.35
The short term trend has been UP since Nov 16th, 2018 at 1036.92
Smart Scan Analysis for XNDXT25NNR
Based on a pre-defined weighted trend formula for chart analysis, XNDXT25NNR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1154.91||52wk High Date||2018-03-13|
|52wk Low||959.95||52wk Low Date||2018-10-29|