Index Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
NASDAQ-100 3x Inverse Notional Net Total Return In (NASDAQ:XNDXNNRS3)
Bull Market Weakness (+75) - XNDXNNRS3 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XNDXNNRS3 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid XNDXNNRS3?
MarketClub looks at technical strength and momentum to determine if the timing is right for XNDXNNRS3.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XNDXNNRS3
The long-term trend has been DOWN since Apr 7th, 2020 at 1951.74
The intermediate-term trend has been UP since May 4th, 2021 at 287.13
The short-term trend has been UP since May 10th, 2021 at 306.03
Smart Scan Analysis for XNDXNNRS3
Based on our trend formula, XNDXNNRS3 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).