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Index Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

NASDAQ-100 2x Short Net Total Return Index (NASDAQ:XNDXS2NNR)

Bull Market Weakness (+75) - XNDXS2NNR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on XNDXS2NNR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid XNDXS2NNR?

MarketClub looks at technical strength and momentum to determine if the timing is right for XNDXS2NNR.

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

NASDAQ_XNDXS2NNR
Open High Low XNDXS2NNR Price Change
54.718 56.120 54.492 55.916 +0.338
Entry Signal

MarketClub’s Trade Triangles for XNDXS2NNR

long term down The long-term trend has been DOWN since Apr 14th, 2020 at 170.390

intermediate term up The intermediate-term trend has been UP since May 4th, 2021 at 54.350

short term up The short-term trend has been UP since May 3rd, 2021 at 53.339

Smart Scan Analysis for XNDXS2NNR

Based on our trend formula, XNDXS2NNR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for XNDXS2NNR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.718 56.120 54.492 55.916 +0.338
Prev. Close Volume Bid Ask Time
55.916 0 2021-05-05 17:14:00
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