Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
DJ SUSTAINABILITY WORLD ENLARGED TRUST NET (INDEX:DJSWEX4E)
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 DJSWEX4E
The long term trend has been DOWN since Feb 5th, 2018 at 1429.92
The intermediate term trend has been DOWN since Feb 1st, 2018 at 1477.67
The short term trend has been UP since Feb 12th, 2018 at 1402.21
Smart Scan Analysis for DJSWEX4E
Based on a pre-defined weighted trend formula for chart analysis, DJSWEX4E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1514.9||52wk High Date||2018-01-29|
|52wk Low||1343||52wk Low Date||2017-08-29|