Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
DJ EMERGING ASIA CONSUMER TITANS (INDEX:DJACONT)
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 DJACONT
The long term trend has been DOWN since Apr 23rd, 2018 at 4385.26
The intermediate term trend has been DOWN since Jun 25th, 2018 at 4362.90
The short term trend has been UP since Aug 19th, 2018 at 3908.47
Smart Scan Analysis for DJACONT
Based on a pre-defined weighted trend formula for chart analysis, DJACONT scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4857.35||52wk High Date||2018-01-29|
|52wk Low||3858.3||52wk Low Date||2018-08-16|