Index Trend Analysis Report
Prepared for you on Saturday, December 15, 2018.
DJ US GOLD MINING (INDEX:DWCPCS)
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 DWCPCS
The long term trend has been UP since Dec 10th, 2018 at 1198.71
The intermediate term trend has been UP since Nov 19th, 2018 at 1185.61
The short term trend has been DOWN since Dec 14th, 2018 at 1175.34
Smart Scan Analysis for DWCPCS
Based on a pre-defined weighted trend formula for chart analysis, DWCPCS scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1466.57||52wk High Date||2018-01-24|
|52wk Low||1055.77||52wk Low Date||2018-09-11|