Index Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
DJIM US TITANS 50 INDEX (INDEX:DJIM)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DJIM
The long term trend has been UP since Mar 1st, 2017 at 3087.25
The intermediate term trend has been UP since Aug 31st, 2017 at 3364.76
The short term trend has been UP since Jan 11th, 2018 at 3755.78
Smart Scan Analysis for DJIM
Based on a pre-defined weighted trend formula for chart analysis, DJIM scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3826.8||52wk High Date||2018-01-19|
|52wk Low||2957.75||52wk Low Date||2017-01-23|