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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

NASDAQ 100 INDEX (NASDAQ:NDX)

Countertrend Up (+85) - NDX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid NDX?

MarketClub looks at technical strength and momentum to determine if the timing is right for NDX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NDX
Open High Low NDX Price Change
18338.19 18344.09 18168.20 18280.84 +70.30
Entry Signal

MarketClub’s Trade Triangles for NDX

long term up The long-term trend has been UP since Nov 14th, 2023 at 15748.43

intermediate term up The intermediate-term trend has been UP since Nov 7th, 2023 at 15209.50

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 18189.28

Smart Scan Analysis for NDX

Based on our trend formula, NDX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for NDX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18338.19 18344.09 18168.20 18280.84 +70.30
Prev. Close Volume Bid Ask Time
18280.84 0 2024-03-27 17:15:21
52wk High7700.5652wk High Date2018-10-01
52wk Low6164.4352wk Low Date2018-02-09
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