Future Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
NASDAQ 100 INDEX (E-MINI) Sep 2019 (CME:NQ.U19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since Oct 10th, 2018 at 7132.50
The intermediate term trend has been UP since Jan 16th, 2019 at 6650.25
The short term trend has been DOWN since Feb 21st, 2019 at 7099.75
Smart Scan Analysis for NQ.U19
Based on a pre-defined weighted trend formula for chart analysis, NQ.U19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).