Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
DJ EMERGING MARKET OIL & GAS TITANS 30 TRUST (INDEX:DJEEOT)
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 DJEEOT
The long term trend has been UP since Sep 18th, 2018 at 1830.66
The intermediate term trend has been UP since Dec 2nd, 2018 at 1840.19
The short term trend has been DOWN since Dec 6th, 2018 at 1844.33
Smart Scan Analysis for DJEEOT
Based on a pre-defined weighted trend formula for chart analysis, DJEEOT scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1942.06||52wk High Date||2018-10-03|
|52wk Low||1545.33||52wk Low Date||2017-12-01|