Index Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
DJ US TECH TOTAL RETURN INDEX (INDEX:DJUSTCT)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 DJUSTCT
The long term trend has been DOWN since Oct 11th, 2018 at 2262.18
The intermediate term trend has been UP since Dec 3rd, 2018 at 2277.00
The short term trend has been UP since Dec 12th, 2018 at 2201.32
Smart Scan Analysis for DJUSTCT
Based on a pre-defined weighted trend formula for chart analysis, DJUSTCT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2525.72||52wk High Date||2018-08-30|
|52wk Low||1977.67||52wk Low Date||2018-02-09|