Index Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
DJ US TELCOMEQP (INDEX:DJUSCT)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 DJUSCT
The long term trend has been UP since Aug 16th, 2018 at 1231.22
The intermediate term trend has been DOWN since Oct 5th, 2018 at 1271.16
The short term trend has been UP since Oct 16th, 2018 at 1218.40
Smart Scan Analysis for DJUSCT
Based on a pre-defined weighted trend formula for chart analysis, DJUSCT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1318.27||52wk High Date||2018-10-03|
|52wk Low||974.35||52wk Low Date||2017-10-19|