Index Trend Analysis Report
Prepared for you on Tuesday, September 25, 2018.
DJ UTIL ISSUES DECLINES (DTN:@II3D)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 @II3D
The long term trend has been DOWN since at
The intermediate term trend has been DOWN since at
The short term trend has been DOWN since Sep 21st, 2018 at 3
Smart Scan Analysis for @II3D
Based on a pre-defined weighted trend formula for chart analysis, @II3D scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).