Future Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
NASDAQ 100 INDEX (E-MINI) Jun 2020 (CME:NQ.M20)
Bull Market Weakness (+75) - NQ.M20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NQ.M20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NQ.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NQ.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NQ.M20
The long-term trend has been UP since Oct 28th, 2019 at 8070
The intermediate-term trend has been UP since Aug 26th, 2019 at 7605
The short-term trend has been DOWN since Feb 20th, 2020 at 9587
Smart Scan Analysis for NQ.M20
Based on our trend formula, NQ.M20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).