Index Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
DJ US THEMATIC MARKET (INDEX:DJTMNQU)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DJTMNQU
The long term trend has been UP since Dec 18th, 2018 at 1120.18
The intermediate term trend has been DOWN since Jan 14th, 2019 at 1100.96
The short term trend has been UP since Jan 18th, 2019 at 1101.72
Smart Scan Analysis for DJTMNQU
Based on a pre-defined weighted trend formula for chart analysis, DJTMNQU scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1128.57||52wk High Date||2018-03-21|
|52wk Low||1061.71||52wk Low Date||2017-12-06|