Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

NASDAQ-100 3X INVERSE TOTAL RETURN INDEX (NASDAQ:XNDXS3)

Bear Market Rally (-75) - XNDXS3 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XNDXS3 as it may be in the beginning of a reversal.

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.

NASDAQ_XNDXS3
Open High Low XNDXS3 Price Change
2.2456 2.2656 2.2064 2.2610 -0.0649
Entry Signal

MarketClub’s Trade Triangles for XNDXS3

long term down The long-term trend has been DOWN since Nov 14th, 2023 at 3.3083

intermediate term down The intermediate-term trend has been DOWN since Nov 7th, 2023 at 3.6819

short term up The short-term trend has been UP since Mar 11th, 2024 at 2.2767

Smart Scan Analysis for XNDXS3

Based on our trend formula, XNDXS3 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for XNDXS3
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.2456 2.2656 2.2064 2.2610 -0.0649
Prev. Close Volume Bid Ask Time
2.2610 0 2024-03-18 17:14:00
52wk High392.852wk High Date2018-02-09
52wk Low186.0252wk Low Date2018-10-01
Get a free daily analysis and signals for NASDAQ-100 3X INVERSE TOTAL RETURN INDEX (XNDXS3) - Request Your Free Report.