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Index Trend Analysis Report

Prepared for you on Wednesday, December 8, 2021.

NASDAQ-100 2X SHORT INDEX (NASDAQ:NDXS2)

Bear Market Rally (-75) - NDXS2 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NDXS2 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid NDXS2?

MarketClub looks at technical strength and momentum to determine if the timing is right for NDXS2.

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

NASDAQ_NDXS2
Open High Low NDXS2 Price Change
40.383 40.441 39.302 39.398 -2.538
Entry Signal

MarketClub’s Trade Triangles for NDXS2

long term down The long-term trend has been DOWN since Apr 14th, 2020 at 181.100

intermediate term up The intermediate-term trend has been UP since Dec 2nd, 2021 at 41.922

short term down The short-term trend has been DOWN since Dec 7th, 2021 at 40.719

Smart Scan Analysis for NDXS2

Based on our trend formula, NDXS2 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NDXS2
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
40.383 40.441 39.302 39.398 -2.538
Prev. Close Volume Bid Ask Time
39.398 0 2021-12-07 17:14:00
52wk High508.2252wk High Date2018-02-09
52wk Low317.4652wk Low Date2018-10-01
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