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Index Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

Dow Jones Americas Basic Materials Index (INDEX:A1BSC)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

INDEX_A1BSC
Open High Low A1BSC Price Change
309.47 309.86 305.89 309.47 +3.41
Entry Signal

MarketClub’s Trade Triangles for A1BSC

long term up The long term trend has been UP since Jul 18th, 2019 at 330.94

intermediate term down The intermediate term trend has been DOWN since Aug 2nd, 2019 at 322.21

short term down The short term trend has been DOWN since Aug 12th, 2019 at 318.10

Smart Scan Analysis for A1BSC

Based on a pre-defined weighted trend formula for chart analysis, A1BSC scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for A1BSC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
309.47 309.86 305.89 309.47 +3.41
Prev. Close Volume Bid Ask Time
293.02 0 2019-08-16 16:39:58
52wk High370.5952wk High Date2018-01-25
52wk Low294.0852wk Low Date2018-10-29
Want to analyze Dow Jones Americas Basic Materials Index A1BSC or another symbol? Try our Free Index Trend Analysis Report.