Future Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
MICRO E-MINI NASDAQ-100 INDEX Jun 2022 (CME:MNQ.M22)
Sidelines Mode (-55) - MNQ.M22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MNQ.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for MNQ.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MNQ.M22
The long-term trend has been DOWN since Jan 21st, 2022 at 14405.00
The intermediate-term trend has been DOWN since Apr 10th, 2022 at 14292.50
The short-term trend has been UP since May 26th, 2022 at 11993.75
Smart Scan Analysis for MNQ.M22
Based on our trend formula, MNQ.M22 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).