Index Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
DJ EMG MARKET TELECOM TIT 30 EUR (INDEX:DJETSE)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 DOWN since Nov 14th, 2017 at 1009.10
The intermediate term trend has been DOWN since May 14th, 2018 at 949.22
The short term trend has been DOWN since Jul 16th, 2018 at 884.05
Smart Scan Analysis for DJETSE
Based on a pre-defined weighted trend formula for chart analysis, DJETSE scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1052.06||52wk High Date||2017-11-02|
|52wk Low||861.63||52wk Low Date||2018-07-03|