Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
DJ EMERGING MARKET INDUSTRIALS TITANS 30 TRUST (INDEX:DJEIDT)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 DJEIDT
The long term trend has been DOWN since Apr 4th, 2018 at 1562.19
The intermediate term trend has been DOWN since May 18th, 2018 at 1521.39
The short term trend has been UP since May 21st, 2018 at 1534.22
Smart Scan Analysis for DJEIDT
Based on a pre-defined weighted trend formula for chart analysis, DJEIDT scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1719.23||52wk High Date||2018-01-29|
|52wk Low||1459.95||52wk Low Date||2017-05-23|