Future Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
NASDAQ 100 INDEX (E-MINI) Mar 2020 (CME:NQ.H20)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.H20
The long term trend has been UP since Jul 29th, 2019 at 7920.00
The intermediate term trend has been UP since Dec 12th, 2019 at 8475.25
The short term trend has been UP since Jan 8th, 2020 at 8883.00
Smart Scan Analysis for NQ.H20
Based on a pre-defined weighted trend formula for chart analysis, NQ.H20 scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).