Future Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
NIKKEI 225 INDEX $ INDEX Jun 2021 (CME:NKD.M21)
Bull Market Weakness (+75) - NKD.M21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NKD.M21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NKD.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NKD.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NKD.M21
The long-term trend has been UP since Dec 29th, 2020 at 26685
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 29180
The short-term trend has been UP since May 5th, 2021 at 29115
Smart Scan Analysis for NKD.M21
Based on our trend formula, NKD.M21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).