Index Trend Analysis Report
Prepared for you on Tuesday, December 18, 2018.
DJ EUROPE STOCK INDEX (EX UK) (INDEX:E2DOW)
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 E2DOW
The long term trend has been UP since Dec 18th, 2018 at 400.49
The intermediate term trend has been UP since Dec 18th, 2018 at 360.17
The short term trend has been DOWN since Dec 18th, 2018 at 341.53
Smart Scan Analysis for E2DOW
Based on a pre-defined weighted trend formula for chart analysis, E2DOW scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||440.23||52wk High Date||2018-01-25|
|52wk Low||346.14||52wk Low Date||2018-10-26|