Index Trend Analysis Report
Prepared for you on Friday, July 20, 2018.
DJ US COMMCHEM (INDEX:DJUSCC)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 DJUSCC
The long term trend has been DOWN since Feb 6th, 2018 at 496.51
The intermediate term trend has been DOWN since Jun 25th, 2018 at 493.66
The short term trend has been DOWN since Jul 20th, 2018 at 498.02
Smart Scan Analysis for DJUSCC
Based on a pre-defined weighted trend formula for chart analysis, DJUSCC scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||559.98||52wk High Date||2018-01-25|
|52wk Low||449.8||52wk Low Date||2017-08-10|