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Index Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

OMXS30 Short Index (NASDAQ:OMXS30SHORTX1)

Countertrend Up (+85) - OMXS30SHORTX1 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid OMXS30SHORTX1?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMXS30SHORTX1.

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

NASDAQ_OMXS30SHORTX1
Open High Low OMXS30SHORTX1 Price Change
212.74 216.44 212.10 215.92 +2.99
Entry Signal

MarketClub’s Trade Triangles for OMXS30SHORTX1

long term up The long-term trend has been UP since Feb 28th, 2020 at 188.72

intermediate term up The intermediate-term trend has been UP since Feb 25th, 2020 at 179.08

short term up The short-term trend has been UP since Apr 3rd, 2020 at 215.79

Smart Scan Analysis for OMXS30SHORTX1

Based on our trend formula, OMXS30SHORTX1 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for OMXS30SHORTX1
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
212.74 216.44 212.10 215.92 +2.99
Prev. Close Volume Bid Ask Time
209.14 0 2020-04-03 11:34:00
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