Index Trend Analysis Report
Prepared for you on Wednesday, September 20, 2017.
DJ US NONFERROUS METALS (INDEX:DWCONF)
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 DWCONF
The long term trend has been UP since Jul 25th, 2017 at 2524.89
The intermediate term trend has been DOWN since Sep 12th, 2017 at 2562.33
The short term trend has been UP since Sep 19th, 2017 at 2582.98
Smart Scan Analysis for DWCONF
Based on a pre-defined weighted trend formula for chart analysis, DWCONF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3106.59||52wk High Date||2017-01-24|
|52wk Low||1701.94||52wk Low Date||2016-10-13|