Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
DJ UTIL ISSUES DECLINES (DTN:@II3D)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 @II3D
The long term trend has been DOWN since Jul 21st, 2015 at 11
The intermediate term trend has been DOWN since Jul 21st, 2015 at 11
The short term trend has been UP since Jun 15th, 2018 at 12
Smart Scan Analysis for @II3D
Based on a pre-defined weighted trend formula for chart analysis, @II3D scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).