Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
DJ EMERGING MARKET CNSMER SERVICES TITANS 30 TRUST (INDEX:DJECNT)
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 DJECNT
The long term trend has been DOWN since Nov 3rd, 2017 at 3118.93
The intermediate term trend has been DOWN since Dec 7th, 2017 at 3076.22
The short term trend has been UP since Dec 11th, 2017 at 3080.30
Smart Scan Analysis for DJECNT
Based on a pre-defined weighted trend formula for chart analysis, DJECNT scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3345.92||52wk High Date||2017-10-16|
|52wk Low||2390.69||52wk Low Date||2016-12-23|