Index Trend Analysis Report
Prepared for you on Saturday, September 22, 2018.
DJ UTIL 50 DAY MOVING AVG ABOVE (DTN:@M503V)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 @M503V
The long term trend has been UP since Jul 2nd, 2018 at 93.33
The intermediate term trend has been DOWN since Jul 24th, 2018 at 80.00
The short term trend has been DOWN since Sep 14th, 2018 at 80.00
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).