Index Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

Nasdaq CTA Emerging Markets Internet & E-commerce Net Total Return Index CAD (NASDAQ:QNETEMNRCAD)

Countertrend Down (-85) - QNETEMNRCAD is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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

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

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

Open	High	Low	QNETEMNRCAD Price	Change
542.44	544.37	541.40	542.33	+5.50
Entry Signal

MarketClub’s Trade Triangles for QNETEMNRCAD

The long-term trend has been DOWN since Oct 4th, 2023 at 518.47

The intermediate-term trend has been DOWN since Dec 4th, 2023 at 544.41

The short-term trend has been UP since Dec 8th, 2023 at 543.08

Smart Scan Analysis for QNETEMNRCAD

Based on our trend formula, QNETEMNRCAD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
542.44	544.37	541.40	542.33	+5.50
Prev. Close	Volume	Bid	Ask	Time
542.51	0			2023-12-08 14:00:00

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