Index Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
TRANSPARENT VALUE SMALL-CAP INDEX (CME:DRSML)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DRSML
The long term trend has been DOWN since Oct 5th, 2018 at 17403.49
The intermediate term trend has been UP since Jan 7th, 2019 at 14475.00
The short term trend has been UP since Jan 16th, 2019 at 15078.00
Smart Scan Analysis for DRSML
Based on a pre-defined weighted trend formula for chart analysis, DRSML scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||18654.25||52wk High Date||2018-08-31|
|52wk Low||15039.31||52wk Low Date||2018-11-20|