Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
NASDAQ-100 MINI INDEX (NASDAQ:MNX1)
Weak Downtrend (-65) - MNX1 is showing signs of a strengthening downtrend. Monitor MNX1 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MNX1?
MarketClub looks at technical strength and momentum to determine if the timing is right for MNX1.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MNX1
The long-term trend has been UP since Oct 26th, 2021 at 1570.14
The intermediate-term trend has been DOWN since Dec 1st, 2021 at 1590.53
The short-term trend has been DOWN since Dec 1st, 2021 at 1598.89
Smart Scan Analysis for MNX1
Based on our trend formula, MNX1 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||770.06||52wk High Date||2018-10-01|
|52wk Low||616.43||52wk Low Date||2018-02-09|