Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
DJ US INDUSTRIALS TOTAL RETURN INDEX (INDEX:DJUSINT)
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 DJUSINT
The long term trend has been DOWN since Oct 23rd, 2018 at 1101.27
The intermediate term trend has been DOWN since Oct 8th, 2018 at 1203.46
The short term trend has been UP since Nov 16th, 2018 at 1116.02
Smart Scan Analysis for DJUSINT
Based on a pre-defined weighted trend formula for chart analysis, DJUSINT scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1238.1||52wk High Date||2018-09-21|
|52wk Low||1035.27||52wk Low Date||2018-10-29|