Index Trend Analysis Report
Prepared for you on Sunday, April 22, 2018.
DJ US OILEQPSRV (INDEX:DJUSOI)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DJUSOI
The long term trend has been DOWN since Apr 2nd, 2018 at 386.71
The intermediate term trend has been UP since Apr 10th, 2018 at 423.16
The short term trend has been UP since Apr 5th, 2018 at 403.55
Smart Scan Analysis for DJUSOI
Based on a pre-defined weighted trend formula for chart analysis, DJUSOI scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||495.22||52wk High Date||2018-01-23|
|52wk Low||370.96||52wk Low Date||2017-08-18|