Future Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
NASDAQ 100 INDEX (E-MINI) Mar 2024 (CME:NQ.H24)
Countertrend Up (+85) - NQ.H24 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NQ.H24?
MarketClub looks at technical strength and momentum to determine if the timing is right for NQ.H24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NQ.H24
The long-term trend has been UP since Nov 20th, 2023 at 16162.5
The intermediate-term trend has been UP since Nov 7th, 2023 at 15493.0
The short-term trend has been DOWN since Dec 7th, 2023 at 16003.0
Smart Scan Analysis for NQ.H24
Based on our trend formula, NQ.H24 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).