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Index Trend Analysis Report

Prepared for you on Monday, March 27, 2023.

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

Strong Downtrend (-100) - XNDXS2 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, XNDXS2 continues to fall. 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
42.376 42.988 41.914 41.935 -0.236
Entry Signal

MarketClub’s Trade Triangles for XNDXS2

long term down The long-term trend has been DOWN since Jan 27th, 2023 at 46.798

intermediate term down The intermediate-term trend has been DOWN since Mar 16th, 2023 at 44.054

short term down The short-term trend has been DOWN since Mar 15th, 2023 at 45.815

Smart Scan Analysis for XNDXS2

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

-100
Smart Scan Analysis for XNDXS2
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
42.376 42.988 41.914 41.935 -0.236
Prev. Close Volume Bid Ask Time
41.935 0 2023-03-24 17:11:00
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