Index Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
DJ US BS TRNG EMP (INDEX:DJUSBE)
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 DJUSBE
The long term trend has been UP since Nov 10th, 2016 at 120.08
The intermediate term trend has been DOWN since Jul 24th, 2017 at 145.24
The short term trend has been UP since Aug 14th, 2017 at 139.53
Smart Scan Analysis for DJUSBE
Based on a pre-defined weighted trend formula for chart analysis, DJUSBE scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||153.08||52wk High Date||2017-07-20|
|52wk Low||115.25||52wk Low Date||2016-11-02|