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Index Trend Analysis Report

Prepared for you on Saturday, October 16, 2021.

NASDAQ-100 Dorsey Wright Momentum Index (NASDAQ:NDXDWA)

Sidelines Mode (+55) - NDXDWA 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 NDXDWA?

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

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

NASDAQ_NDXDWA
Open High Low NDXDWA Price Change
1079.66 1079.71 1070.69 1072.69 -0.26
Entry Signal

MarketClub’s Trade Triangles for NDXDWA

long term up The long-term trend has been UP since Jul 23rd, 2021 at 1083.14

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2021 at 1122.18

short term up The short-term trend has been UP since Oct 14th, 2021 at 1064.86

Smart Scan Analysis for NDXDWA

Based on our trend formula, NDXDWA is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NDXDWA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1079.66 1079.71 1070.69 1072.69 -0.26
Prev. Close Volume Bid Ask Time
1072.69 0 2021-10-15 17:13:00
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