Index Trend Analysis Report
Prepared for you on Friday, December 14, 2018.
DJ ISLAMIC MARKET INTL TITAN 100 INDEX (INDEX:DJI100X)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 DJI100X
The long term trend has been DOWN since Feb 8th, 2018 at 2856.52
The intermediate term trend has been DOWN since Dec 7th, 2018 at 2631.14
The short term trend has been UP since Dec 12th, 2018 at 2659.16
Smart Scan Analysis for DJI100X
Based on a pre-defined weighted trend formula for chart analysis, DJI100X scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3156.28||52wk High Date||2018-01-29|
|52wk Low||2580.32||52wk Low Date||2018-10-26|