Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
DJ EMG MARKET SCT TIT COMP 100 EUR (INDEX:DJECGE)
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 DJECGE
The long term trend has been DOWN since Feb 6th, 2018 at 2492.45
The intermediate term trend has been DOWN since Aug 15th, 2018 at 2248.64
The short term trend has been UP since Oct 17th, 2018 at 2030.29
Smart Scan Analysis for DJECGE
Based on a pre-defined weighted trend formula for chart analysis, DJECGE scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2679.34||52wk High Date||2018-01-09|
|52wk Low||1964.26||52wk Low Date||2018-10-11|