Index Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
DJ EUROPE UTIL STOCK INDEX (INDEX:E1UTI)
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 E1UTI
The long term trend has been UP since Jan 9th, 2019 at 281.44
The intermediate term trend has been UP since Dec 12th, 2018 at 275.58
The short term trend has been DOWN since Jan 17th, 2019 at 282.01
Smart Scan Analysis for E1UTI
Based on a pre-defined weighted trend formula for chart analysis, E1UTI scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||311.2||52wk High Date||2017-12-06|
|52wk Low||261.41||52wk Low Date||2018-10-26|