Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
DJ EMG MARKET MTL MINING TIT 30 EUR (INDEX:DJEMTE)
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 DJEMTE
The long term trend has been UP since Oct 3rd, 2018 at 905.06
The intermediate term trend has been DOWN since Nov 22nd, 2018 at 846.88
The short term trend has been UP since Dec 12th, 2018 at 827.84
Smart Scan Analysis for DJEMTE
Based on a pre-defined weighted trend formula for chart analysis, DJEMTE scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1048.18||52wk High Date||2018-01-29|
|52wk Low||810.59||52wk Low Date||2018-09-12|