Index Trend Analysis Report
Prepared for you on Monday, April 24, 2017.
DJ EMG MARKET TELECOM TIT 30 EUR (INDEX:DJETSE)
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 DJETSE
The long term trend has been UP since Jan 3rd, 2017 at 1018.55
The intermediate term trend has been UP since Mar 20th, 2017 at 1078.16
The short term trend has been DOWN since Apr 17th, 2017 at 1085.23
Smart Scan Analysis for DJETSE
Based on a pre-defined weighted trend formula for chart analysis, DJETSE scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1094.25||52wk High Date||2017-04-12|
|52wk Low||944.03||52wk Low Date||2016-11-14|