Index Trend Analysis Report
Prepared for you on Saturday, September 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 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 DJETSE
The long term trend has been DOWN since Jun 21st, 2017 at 1026.59
The intermediate term trend has been DOWN since Sep 15th, 2017 at 1014.50
The short term trend has been UP since Sep 20th, 2017 at 1018.16
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||1094.25||52wk High Date||2017-04-12|
|52wk Low||944.03||52wk Low Date||2016-11-14|