Index Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
DJ UTIL ISSUES ADVANCES (DTN:@II3A)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 @II3A
The long term trend has been UP since Nov 20th, 2015 at 14
The intermediate term trend has been DOWN since Jan 25th, 2016 at 2
The short term trend has been UP since Nov 16th, 2018 at 11
Smart Scan Analysis for @II3A
Based on a pre-defined weighted trend formula for chart analysis, @II3A scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).