Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
NASDAQ-100 2x Short Total Return Index (NASDAQ:XNDXS2)
Bull Market Weakness (+75) - XNDXS2 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XNDXS2 as it may be in the beginning stages of a reversal.
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for XNDXS2
The long-term trend has been DOWN since Nov 14th, 2023 at 28.038
The intermediate-term trend has been UP since Apr 15th, 2024 at 22.573
The short-term trend has been UP since Apr 15th, 2024 at 22.463
Smart Scan Analysis for XNDXS2
Based on our trend formula, XNDXS2 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 24.063 | 25.054 | 23.987 | 24.879 | +0.990 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.889 | 0 | 2024-04-19 17:12:00 |