Index Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
Dow Jones U.S. Industrial Goods & Services Index (INDEX:DJUSIG)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DJUSIG
The long term trend has been UP since Nov 1st, 2019 at 842.46
The intermediate term trend has been UP since Dec 13th, 2019 at 876.37
The short term trend has been DOWN since Jan 27th, 2020 at 889.64
Smart Scan Analysis for DJUSIG
Based on a pre-defined weighted trend formula for chart analysis, DJUSIG scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||833.25||52wk High Date||2018-09-21|
|52wk Low||698.55||52wk Low Date||2018-10-29|