Index Trend Analysis Report
Prepared for you on Thursday, March 23, 2017.
DJ EMG MARKET TELECOM TIT 30 EUR (INDEX:DJETSE)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 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 Mar 22nd, 2017 at 1076.65
Smart Scan Analysis for DJETSE
Based on a pre-defined weighted trend formula for chart analysis, DJETSE scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1086.98||52wk High Date||2017-03-20|
|52wk Low||944.03||52wk Low Date||2016-11-14|