Future Trend Analysis Report
Prepared for you on Thursday, July 18, 2019.
NASDAQ 100 INDEX (E-MINI) Sep 2019 (CME:NQ.U19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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.U19
The long term trend has been UP since Mar 3rd, 2019 at 7200.0
The intermediate term trend has been UP since Jun 17th, 2019 at 7565.0
The short term trend has been DOWN since Jul 17th, 2019 at 7929.5
Smart Scan Analysis for NQ.U19
Based on a pre-defined weighted trend formula for chart analysis, NQ.U19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).