Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
DJ EMG MARKET SCT TIT COMP 100 EUR (INDEX:DJECGE)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Jan 15th, 2018 at 2596.67
The short term trend has been DOWN since May 18th, 2018 at 2362.60
Smart Scan Analysis for DJECGE
Based on a pre-defined weighted trend formula for chart analysis, DJECGE scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2679.34||52wk High Date||2018-01-09|
|52wk Low||2331.06||52wk Low Date||2018-03-28|