Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
DJ US BS TRNG EMP (INDEX:DJUSBE)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 DJUSBE
The long term trend has been UP since Nov 10th, 2016 at 120.08
The intermediate term trend has been DOWN since Dec 14th, 2017 at 159.80
The short term trend has been DOWN since Dec 13th, 2017 at 160.84
Smart Scan Analysis for DJUSBE
Based on a pre-defined weighted trend formula for chart analysis, DJUSBE scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||169.99||52wk High Date||2017-11-29|
|52wk Low||124.58||52wk Low Date||2016-12-30|