Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, November 30, 2020.

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

Long-Term Downtrend (-90) - NDXS2 is in a strong downtrend that is likely to continue. While NDXS2 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 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
77.217 79.592 76.954 78.360 +0.880
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 down The intermediate-term trend has been DOWN since Nov 5th, 2020 at 80.003

short term down The short-term trend has been DOWN since Nov 24th, 2020 at 80.712

Smart Scan Analysis for NDXS2

Based on our trend formula, NDXS2 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NDXS2
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
77.217 79.592 76.954 78.360 +0.880
Prev. Close Volume Bid Ask Time
92.811 0 2020-11-30 12:09:00
52wk High508.2252wk High Date2018-02-09
52wk Low317.4652wk Low Date2018-10-01
Get a free daily analysis and signals for NASDAQ-100 2X SHORT INDEX (NDXS2) - Request Your Free Report.