Index Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
DJ EMG MARKET MTL MINING TIT 30 EUR (INDEX:DJEMTE)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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 DJEMTE
The long term trend has been DOWN since Apr 9th, 2018 at 886.63
The intermediate term trend has been DOWN since May 30th, 2018 at 907.93
The short term trend has been DOWN since Jun 14th, 2018 at 913.00
Smart Scan Analysis for DJEMTE
Based on a pre-defined weighted trend formula for chart analysis, DJEMTE scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1048.18||52wk High Date||2018-01-29|
|52wk Low||826.54||52wk Low Date||2017-06-21|