Index Trend Analysis Report
Prepared for you on Sunday, December 17, 2017.
DJ CONSTRUCTION & MAT TITANS 30 (EUROS) (INDEX:DJTCNSE)
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 DJTCNSE
The long term trend has been UP since Oct 26th, 2017 at 245.16
The intermediate term trend has been UP since Dec 7th, 2017 at 241.39
The short term trend has been DOWN since Dec 11th, 2017 at 241.09
Smart Scan Analysis for DJTCNSE
Based on a pre-defined weighted trend formula for chart analysis, DJTCNSE scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||250.66||52wk High Date||2017-06-20|
|52wk Low||224.03||52wk Low Date||2017-08-29|