Index Trend Analysis Report
Prepared for you on Sunday, December 9, 2018.
DJ BROOKFIELD INFRASTRUCTURE EMERGING MK (INDEX:DJBIEM)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 DJBIEM
The long term trend has been UP since Dec 4th, 2018 at 4576.88
The intermediate term trend has been UP since Nov 1st, 2018 at 4464.62
The short term trend has been DOWN since Dec 7th, 2018 at 4533.22
Smart Scan Analysis for DJBIEM
Based on a pre-defined weighted trend formula for chart analysis, DJBIEM scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5205.79||52wk High Date||2018-01-26|
|52wk Low||4334.54||52wk Low Date||2018-10-11|