Index Trend Analysis Report
Prepared for you on Sunday, September 24, 2017.
DJIM US TITANS 50 INDEX (INDEX:DJIM)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 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 DOWN since Sep 21st, 2017 at 3441.57
Smart Scan Analysis for DJIM
Based on a pre-defined weighted trend formula for chart analysis, DJIM scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3456.75||52wk High Date||2017-09-20|
|52wk Low||2834.78||52wk Low Date||2016-11-04|