Index Trend Analysis Report
Prepared for you on Friday, August 18, 2017.
DJ EU FINANCIALS (INDEX:E1FIN)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 E1FIN
The long term trend has been UP since Nov 11th, 2016 at 170.08
The intermediate term trend has been DOWN since Aug 11th, 2017 at 207.12
The short term trend has been DOWN since Aug 17th, 2017 at 209.69
Smart Scan Analysis for E1FIN
Based on a pre-defined weighted trend formula for chart analysis, E1FIN scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||216.04||52wk High Date||2017-08-08|
|52wk Low||155.93||52wk Low Date||2016-09-30|