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Index Trend Analysis Report

Prepared for you on Sunday, May 26, 2024.

NASDAQ-100 1X SHORT INDEX (NASDAQ:NDXS1)

Long-Term Downtrend (-90) - NDXS1 is in a strong downtrend that is likely to continue. While NDXS1 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NDXS1?

MarketClub looks at technical strength and momentum to determine if the timing is right for NDXS1.

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

NASDAQ_NDXS1
Open High Low NDXS1 Price Change
205.12 205.17 203.11 203.59 -1.98
Entry Signal

MarketClub’s Trade Triangles for NDXS1

long term down The long-term trend has been DOWN since Nov 22nd, 2023 at 228.86

intermediate term down The intermediate-term trend has been DOWN since May 10th, 2024 at 209.27

short term down The short-term trend has been DOWN since May 23rd, 2024 at 204.06

Smart Scan Analysis for NDXS1

Based on our trend formula, NDXS1 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NDXS1
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
205.12 205.17 203.11 203.59 -1.98
Prev. Close Volume Bid Ask Time
203.59 0 2024-05-24 17:12:00
52wk High727.2552wk High Date2018-02-09
52wk Low582.552wk Low Date2018-08-30
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