Index Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
DJIM INDUTRIALS (INDEX:DJIIDU)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 DJIIDU
The long term trend has been DOWN since Oct 10th, 2018 at 2986.44
The intermediate term trend has been UP since Jan 8th, 2019 at 2759.75
The short term trend has been UP since Jan 4th, 2019 at 2689.62
Smart Scan Analysis for DJIIDU
Based on a pre-defined weighted trend formula for chart analysis, DJIIDU scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3343.52||52wk High Date||2018-01-29|
|52wk Low||2757.12||52wk Low Date||2018-10-29|