Index Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
DW JNS BASIC RESOURCES TITANS 30 TOTAL RETURN (INDEX:DJTBAST)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 DJTBAST
The long term trend has been UP since Jul 12th, 2017 at 287.28
The intermediate term trend has been DOWN since Jun 19th, 2018 at 350.86
The short term trend has been DOWN since Jun 12th, 2018 at 367.24
Smart Scan Analysis for DJTBAST
Based on a pre-defined weighted trend formula for chart analysis, DJTBAST scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||382.33||52wk High Date||2018-01-15|
|52wk Low||260.12||52wk Low Date||2017-06-22|