Future Trend Analysis Report
Prepared for you on Sunday, May 9, 2021.
NASDAQ 100 INDEX (E-MINI) Jun 2021 (CME:NQ.M21)
Sidelines Mode (+55) - NQ.M21 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 NQ.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NQ.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NQ.M21
The long-term trend has been UP since Apr 13th, 2021 at 13850.25
The intermediate-term trend has been DOWN since May 4th, 2021 at 13709.75
The short-term trend has been UP since May 7th, 2021 at 13661.00
Smart Scan Analysis for NQ.M21
Based on our trend formula, NQ.M21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).