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Index Trend Analysis Report

Prepared for you on Monday, November 29, 2021.

NASDAQ-100 2x Short Total Return Index (NASDAQ:XNDXS2)

Long-Term Downtrend (-90) - XNDXS2 is in a strong downtrend that is likely to continue. While XNDXS2 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid XNDXS2?

MarketClub looks at technical strength and momentum to determine if the timing is right for XNDXS2.

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

NASDAQ_XNDXS2
Open High Low XNDXS2 Price Change
35.613 35.837 34.817 34.991 -1.714
Entry Signal

MarketClub’s Trade Triangles for XNDXS2

long term down The long-term trend has been DOWN since Apr 14th, 2020 at 165.830

intermediate term down The intermediate-term trend has been DOWN since Oct 18th, 2021 at 41.241

short term down The short-term trend has been DOWN since Nov 29th, 2021 at 35.027

Smart Scan Analysis for XNDXS2

Based on our trend formula, XNDXS2 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for XNDXS2
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.613 35.837 34.817 34.991 -1.714
Prev. Close Volume Bid Ask Time
36.705 0 2021-11-29 17:14:00
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