Index Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
DJ EMERGING MARKET TECH TITANS 30 TRUST (INDEX:DJETXT)
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 DJETXT
The long term trend has been DOWN since Apr 4th, 2018 at 3762.44
The intermediate term trend has been DOWN since Jul 30th, 2018 at 3724.09
The short term trend has been UP since Sep 19th, 2018 at 3549.31
Smart Scan Analysis for DJETXT
Based on a pre-defined weighted trend formula for chart analysis, DJETXT scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4365.67||52wk High Date||2018-01-29|
|52wk Low||3387.77||52wk Low Date||2018-09-11|