Index Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
WORLD WATER TOTAL RETURN INDEX (USD) (CME:WOWAXD)
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 WOWAXD
The long term trend has been DOWN since Feb 6th, 2018 at 4403.86
The intermediate term trend has been DOWN since Apr 30th, 2018 at 4418.44
The short term trend has been DOWN since Jun 11th, 2018 at 4351.25
Smart Scan Analysis for WOWAXD
Based on a pre-defined weighted trend formula for chart analysis, WOWAXD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4772.22||52wk High Date||2018-01-24|
|52wk Low||4147.66||52wk Low Date||2017-07-07|