Index Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
DJ US DIVIDEND 100 INDEX (INDEX:DJUSDIV)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 DJUSDIV
The long term trend has been UP since Nov 25th, 2016 at 3055.31
The intermediate term trend has been UP since Sep 11th, 2017 at 3258.62
The short term trend has been DOWN since Dec 7th, 2017 at 3567.46
Smart Scan Analysis for DJUSDIV
Based on a pre-defined weighted trend formula for chart analysis, DJUSDIV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3658.19||52wk High Date||2017-12-06|
|52wk Low||3065.46||52wk Low Date||2017-02-02|