Index Trend Analysis Report
Prepared for you on Monday, January 17, 2022.
NASDAQ-100 3X INVERSE TOTAL RETURN INDEX (NASDAQ:XNDXS3)
Crossroads (+60) - XNDXS3 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid XNDXS3?
MarketClub looks at technical strength and momentum to determine if the timing is right for XNDXS3.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XNDXS3
The long-term trend has been DOWN since Apr 7th, 2020 at 71.1240
The intermediate-term trend has been UP since Jan 10th, 2022 at 6.4388
The short-term trend has been UP since Jan 14th, 2022 at 6.3632
Smart Scan Analysis for XNDXS3
Based on our trend formula, XNDXS3 is rated as a +60 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|