Index Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
DJ EMERGING MARKET TECH TITANS 30 TRUST (INDEX:DJETXT)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 Oct 4th, 2018 at 3419.21
The short term trend has been DOWN since Nov 19th, 2018 at 3331.69
Smart Scan Analysis for DJETXT
Based on a pre-defined weighted trend formula for chart analysis, DJETXT scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4365.67||52wk High Date||2018-01-29|
|52wk Low||3023.2||52wk Low Date||2018-10-29|