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Index Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

NASDAQ-100 Leveraged Total Return Index (NASDAQ:XNDXL)

Long-Term Uptrend (+90) - XNDXL is in a strong uptrend that is likely to continue. While XNDXL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

NASDAQ_XNDXL
Open High Low XNDXL Price Change
55612.40 56252.62 55603.71 56171.65 -416.48
Entry Signal

MarketClub’s Trade Triangles for XNDXL

long term up The long-term trend has been UP since Nov 20th, 2023 at 41640.04

intermediate term up The intermediate-term trend has been UP since May 10th, 2024 at 52796.29

short term up The short-term trend has been UP since May 3rd, 2024 at 50399.19

Smart Scan Analysis for XNDXL

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

+90
Smart Scan Analysis for XNDXL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55612.40 56252.62 55603.71 56171.65 -416.48
Prev. Close Volume Bid Ask Time
56588.13 0 2024-05-29 10:55:00
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