Index Trend Analysis Report
Prepared for you on Monday, January 21, 2019.
DJ EMERGING MARKETS BSIC MTELS TITAN 30 (INDEX:DJEBM)
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 DJEBM
The long term trend has been DOWN since Dec 24th, 2018 at 817.42
The intermediate term trend has been DOWN since Dec 24th, 2018 at 817.42
The short term trend has been UP since Jan 17th, 2019 at 845.39
Smart Scan Analysis for DJEBM
Based on a pre-defined weighted trend formula for chart analysis, DJEBM scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1079.87||52wk High Date||2018-01-29|
|52wk Low||817.43||52wk Low Date||2018-11-27|