Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
NASDAQ-100 1x Short Total Return Index (NASDAQ:XNDXS1)
Long-Term Uptrend (+90) - XNDXS1 is in a strong uptrend that is likely to continue. While XNDXS1 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 XNDXS1?
MarketClub looks at technical strength and momentum to determine if the timing is right for XNDXS1.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XNDXS1
The long-term trend has been UP since Jan 24th, 2022 at 249.96
The intermediate-term trend has been UP since Jan 10th, 2022 at 229.68
The short-term trend has been UP since Jan 14th, 2022 at 229.40
Smart Scan Analysis for XNDXS1
Based on our trend formula, XNDXS1 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).