Index Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
DJ 30 INDUSTRIALS (INDEX:DJI)
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 DJI
The long term trend has been DOWN since Apr 2nd, 2018 at 23360.29
The intermediate term trend has been UP since May 11th, 2018 at 24858.97
The short term trend has been DOWN since Jun 14th, 2018 at 25191.42
Smart Scan Analysis for DJI
Based on a pre-defined weighted trend formula for chart analysis, DJI scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26616.71||52wk High Date||2018-01-26|
|52wk Low||21197.08||52wk Low Date||2017-06-29|