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Index Trend Analysis Report

Prepared for you on Wednesday, December 7, 2022.

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

Weak Uptrend (+65) - XNDXS2NNR is showing signs of weakening momentum to the upside. Monitor 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
52.288 54.825 52.149 54.284 +2.114
Entry Signal

MarketClub’s Trade Triangles for XNDXS2NNR

long term up The long-term trend has been UP since Oct 10th, 2022 at 63.437

intermediate term down The intermediate-term trend has been DOWN since Oct 25th, 2022 at 55.900

short term up The short-term trend has been UP since Dec 6th, 2022 at 52.629

Smart Scan Analysis for XNDXS2NNR

Based on our trend formula, XNDXS2NNR is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for XNDXS2NNR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
52.288 54.825 52.149 54.284 +2.114
Prev. Close Volume Bid Ask Time
54.284 0 2022-12-06 17:14:00
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