Future Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
NASDAQ 100 INDEX (E-MINI) Mar 2019 (CME:NQ.H19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 NQ.H19
The long term trend has been DOWN since Oct 10th, 2018 at 7121.75
The intermediate term trend has been UP since Jan 15th, 2019 at 6632.50
The short term trend has been DOWN since Feb 15th, 2019 at 6987.00
Smart Scan Analysis for NQ.H19
Based on a pre-defined weighted trend formula for chart analysis, NQ.H19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).