Future Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
NASDAQ 100 INDEX (E-MINI) Dec 2021 (CME:NQ.Z21)
Sidelines Mode (-55) - NQ.Z21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NQ.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NQ.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NQ.Z21
The long-term trend has been DOWN since Oct 4th, 2021 at 14506.50
The intermediate-term trend has been DOWN since Sep 19th, 2021 at 15276.25
The short-term trend has been UP since Oct 13th, 2021 at 14829.00
Smart Scan Analysis for NQ.Z21
Based on our trend formula, NQ.Z21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).