Index Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
DJ US ELECTRICITY (INDEX:DWCELC)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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 DWCELC
The long term trend has been DOWN since Dec 21st, 2017 at 2715.11
The intermediate term trend has been DOWN since Dec 5th, 2017 at 2854.68
The short term trend has been UP since Feb 12th, 2018 at 2532.91
Smart Scan Analysis for DWCELC
Based on a pre-defined weighted trend formula for chart analysis, DWCELC scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2937.58||52wk High Date||2017-11-15|
|52wk Low||2460.23||52wk Low Date||2018-02-09|