Index Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
DJ US UTIL TOTAL RETURN INDEX (INDEX:DJUSUTT)
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 DJUSUTT
The long term trend has been DOWN since Jan 2nd, 2018 at 798.21
The intermediate term trend has been UP since Feb 26th, 2018 at 770.43
The short term trend has been UP since Mar 22nd, 2018 at 776.82
Smart Scan Analysis for DJUSUTT
Based on a pre-defined weighted trend formula for chart analysis, DJUSUTT scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||864.1||52wk High Date||2017-11-15|
|52wk Low||725.47||52wk Low Date||2018-02-06|