Index Trend Analysis Report
Prepared for you on Thursday, March 22, 2018.
DJ US NONFERROUS METALS (INDEX:DWCONF)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 DWCONF
The long term trend has been UP since Dec 12th, 2017 at 2824.68
The intermediate term trend has been UP since Feb 26th, 2018 at 3543.02
The short term trend has been UP since Mar 21st, 2018 at 3358.82
Smart Scan Analysis for DWCONF
Based on a pre-defined weighted trend formula for chart analysis, DWCONF scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3646.23||52wk High Date||2018-01-25|
|52wk Low||2032.17||52wk Low Date||2017-06-02|