Index Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
DJ UTIL 50 DAY MOVING AVG ABOVE (DTN:@M503V)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 @M503V
The long term trend has been DOWN since May 16th, 2018 at 26.67
The intermediate term trend has been UP since Jun 21st, 2018 at 73.33
The short term trend has been UP since Jun 12th, 2018 at 25.00
Smart Scan Analysis for @M503V
Based on a pre-defined weighted trend formula for chart analysis, @M503V scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).