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Index Trend Analysis Report

Prepared for you on Saturday, December 7, 2019.

NASDAQ OMX Nordic Industrials Gross Index (NASDAQ:NOMXNINGI)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_NOMXNINGI
Open High Low NOMXNINGI Price Change
1550.39 1572.66 1550.39 1571.06 +20.55
Entry Signal

MarketClub’s Trade Triangles for NOMXNINGI

long term up The long term trend has been UP since Oct 22nd, 2019 at 1479.42

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2019 at 1512.88

short term down The short term trend has been DOWN since Dec 2nd, 2019 at 1546.66

Smart Scan Analysis for NOMXNINGI

Based on a pre-defined weighted trend formula for chart analysis, NOMXNINGI scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for NOMXNINGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1550.39 1572.66 1550.39 1571.06 +20.55
Prev. Close Volume Bid Ask Time
1550.51 0 2019-12-06 11:33:00
52wk High1503.4752wk High Date2018-01-23
52wk Low1190.9752wk Low Date2018-11-20
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