Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
DJ US OILEQPSRV (INDEX:DJUSOI)
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 DJUSOI
The long term trend has been UP since May 16th, 2018 at 469.36
The intermediate term trend has been UP since Jul 9th, 2018 at 437.90
The short term trend has been DOWN since Jul 12th, 2018 at 428.44
Smart Scan Analysis for DJUSOI
Based on a pre-defined weighted trend formula for chart analysis, DJUSOI scored +55 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|