Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
DJ US GENERAL RETAILERS (INDEX:DWCRTS)
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 DWCRTS
The long term trend has been UP since Oct 4th, 2017 at 8876.08
The intermediate term trend has been UP since Aug 8th, 2018 at 13157.14
The short term trend has been DOWN since Aug 15th, 2018 at 13107.55
Smart Scan Analysis for DWCRTS
Based on a pre-defined weighted trend formula for chart analysis, DWCRTS scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||13273.22||52wk High Date||2018-08-14|
|52wk Low||8328.88||52wk Low Date||2017-08-21|