Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
DJ GLOBAL TITANS 50 (INDEX:DJGTE)
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 DJGTE
The long term trend has been UP since May 9th, 2018 at 340.77
The intermediate term trend has been DOWN since Sep 6th, 2018 at 367.68
The short term trend has been DOWN since Sep 14th, 2018 at 368.83
Smart Scan Analysis for DJGTE
Based on a pre-defined weighted trend formula for chart analysis, DJGTE scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||375||52wk High Date||2018-08-15|
|52wk Low||312.16||52wk Low Date||2018-04-02|