Index Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
NASDAQ-100 3X INVERSE TOTAL RETURN INDEX (NASDAQ:XNDXS3)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for XNDXS3
The long term trend has been DOWN since Feb 4th, 2019 at 214.07
The intermediate term trend has been DOWN since Jan 7th, 2019 at 263.53
The short term trend has been DOWN since Mar 11th, 2019 at 194.46
Smart Scan Analysis for XNDXS3
Based on a pre-defined weighted trend formula for chart analysis, XNDXS3 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||392.8||52wk High Date||2018-02-09|
|52wk Low||186.02||52wk Low Date||2018-10-01|