Index Trend Analysis Report
Prepared for you on Wednesday, August 22, 2018.
DJ GLBXUS FINANCIAL (INDEX:W2FIN)
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 W2FIN
The long term trend has been DOWN since Apr 3rd, 2018 at 174.43
The intermediate term trend has been DOWN since Aug 13th, 2018 at 161.78
The short term trend has been UP since Aug 20th, 2018 at 159.94
Smart Scan Analysis for W2FIN
Based on a pre-defined weighted trend formula for chart analysis, W2FIN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||262.71||52wk High Date||2007-10-31|
|52wk Low||153.1||52wk Low Date||2008-09-18|