Index Trend Analysis Report
Prepared for you on Sunday, June 17, 2018.
DJ US UTIL TOTAL RETURN INDEX (INDEX:DJUSUTT)
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 DJUSUTT
The long term trend has been DOWN since Jan 2nd, 2018 at 798.21
The intermediate term trend has been DOWN since May 16th, 2018 at 770.11
The short term trend has been UP since Jun 13th, 2018 at 766.99
Smart Scan Analysis for DJUSUTT
Based on a pre-defined weighted trend formula for chart analysis, DJUSUTT scored -55 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|