Index Trend Analysis Report
Prepared for you on Wednesday, August 22, 2018.
DJ EU FINANCIALS (INDEX:E1FIN)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 E1FIN
The long term trend has been DOWN since Apr 4th, 2018 at 211.18
The intermediate term trend has been DOWN since Aug 10th, 2018 at 192.43
The short term trend has been UP since Aug 20th, 2018 at 188.33
Smart Scan Analysis for E1FIN
Based on a pre-defined weighted trend formula for chart analysis, E1FIN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||238.53||52wk High Date||2018-01-25|
|52wk Low||185.14||52wk Low Date||2018-08-15|