Index Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
DJ UTIL 20 DAY MOVING AVG ABOVE (DTN:@M203V)
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 @M203V
The long term trend has been DOWN since May 15th, 2018 at 13.33
The intermediate term trend has been DOWN since Nov 1st, 2018 at 13.33
The short term trend has been UP since Nov 27th, 2018 at 66.67
Smart Scan Analysis for @M203V
Based on a pre-defined weighted trend formula for chart analysis, @M203V scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).