Index Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
DJ 30 INDUSTRIALS (INDEX:DJI)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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 DJI
The long term trend has been UP since Nov 10th, 2016 at 18668.44
The intermediate term trend has been UP since May 25th, 2017 at 21046.85
The short term trend has been DOWN since Jun 27th, 2017 at 21333.89
Smart Scan Analysis for DJI
Based on a pre-defined weighted trend formula for chart analysis, DJI scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||21535.03||52wk High Date||2017-06-20|
|52wk Low||17190.51||52wk Low Date||2016-06-28|