Index Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
DJ US BS TRNG EMP (INDEX:DJUSBE)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DJUSBE
The long term trend has been UP since Nov 10th, 2016 at 120.08
The intermediate term trend has been UP since Aug 29th, 2017 at 140.14
The short term trend has been UP since Oct 17th, 2017 at 154.35
Smart Scan Analysis for DJUSBE
Based on a pre-defined weighted trend formula for chart analysis, DJUSBE scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||157.39||52wk High Date||2017-10-11|
|52wk Low||115.25||52wk Low Date||2016-11-02|