Future Trend Analysis Report
Prepared for you on Saturday, August 15, 2020.
NASDAQ 100 INDEX (E-MINI) Sep 2020 (CME:NQ.U20)
Long-Term Uptrend (+90) - NQ.U20 is in a strong uptrend that is likely to continue. While NQ.U20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NQ.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for NQ.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NQ.U20
The long-term trend has been UP since Jun 2nd, 2020 at 9570
The intermediate-term trend has been UP since Apr 6th, 2020 at 7940
The short-term trend has been UP since Aug 13th, 2020 at 11150
Smart Scan Analysis for NQ.U20
Based on our trend formula, NQ.U20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).