Index Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
DJ EMERGING MARKET OIL & GAS TITANS 30 (INDEX:DJEEO)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 DJEEO
The long term trend has been UP since Sep 19th, 2018 at 1263.26
The intermediate term trend has been DOWN since Oct 24th, 2018 at 1240.54
The short term trend has been UP since Nov 15th, 2018 at 1239.38
Smart Scan Analysis for DJEEO
Based on a pre-defined weighted trend formula for chart analysis, DJEEO scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1333.87||52wk High Date||2018-10-03|
|52wk Low||1097.48||52wk Low Date||2017-12-01|