Index Trend Analysis Report
Prepared for you on Monday, May 20, 2019.
DJ AUSTRALIA LPT INDEX (INDEX:DJAULPT)
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 DJAULPT
The long term trend has been UP since Jan 23rd, 2019 at 1119.51
The intermediate term trend has been UP since May 16th, 2019 at 1221.34
The short term trend has been DOWN since May 20th, 2019 at 1202.55
Smart Scan Analysis for DJAULPT
Based on a pre-defined weighted trend formula for chart analysis, DJAULPT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1147.89||52wk High Date||2017-12-13|
|52wk Low||988.59||52wk Low Date||2018-02-15|