Index Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
DJ US FOOTWEAR (INDEX:DWCFOT)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 DWCFOT
The long term trend has been UP since Nov 27th, 2017 at 16469.36
The intermediate term trend has been UP since Aug 2nd, 2018 at 21404.54
The short term trend has been DOWN since Aug 14th, 2018 at 21808.48
Smart Scan Analysis for DWCFOT
Based on a pre-defined weighted trend formula for chart analysis, DWCFOT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||22267.24||52wk High Date||2018-08-09|
|52wk Low||13977.26||52wk Low Date||2017-10-12|