Future Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
NASDAQ 100 INDEX (E-MINI) Dec 2020 (CME:NQ.Z20)
Weak Downtrend (-65) - NQ.Z20 is showing signs of a strengthening downtrend. Monitor NQ.Z20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NQ.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NQ.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NQ.Z20
The long-term trend has been UP since May 11th, 2020 at 9047.75
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 11133.00
The short-term trend has been DOWN since Sep 17th, 2020 at 11089.50
Smart Scan Analysis for NQ.Z20
Based on our trend formula, NQ.Z20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).