Future Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
MICRO E-MINI NASDAQ-100 INDEX Dec 2023 (CME:MNQ.Z23)
Countertrend Up (+85) - MNQ.Z23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid MNQ.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for MNQ.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MNQ.Z23
The long-term trend has been UP since Nov 20th, 2023 at 15986.50
The intermediate-term trend has been UP since Nov 7th, 2023 at 15305.50
The short-term trend has been DOWN since Nov 30th, 2023 at 15986.75
Smart Scan Analysis for MNQ.Z23
Based on our trend formula, MNQ.Z23 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).