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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
NASDAQ-100 2x Short Net Total Return Index (NASDAQ:XNDXS2NNR)
Strong Downtrend (-100) - XNDXS2NNR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, XNDXS2NNR continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for XNDXS2NNR
The long-term trend has been DOWN since Nov 14th, 2023 at 29.288
The intermediate-term trend has been DOWN since Sep 19th, 2024 at 19.655
The short-term trend has been DOWN since Dec 24th, 2024 at 16.618
Smart Scan Analysis for XNDXS2NNR
Based on our trend formula, XNDXS2NNR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 16.612 | 16.620 | 16.250 | 16.250 | -0.452 |
| Prev. Close | Volume | Bid | Ask | Time |
| 16.250 | 0 | 2024-12-24 14:15:00 |