Index Trend Analysis Report
Prepared for you on Saturday, October 19, 2019.
Dow Jones China Broad Market Index (INDEX:DJCHINA)
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 DJCHINA
The long term trend has been UP since Sep 9th, 2019 at 408.62
The intermediate term trend has been UP since Oct 14th, 2019 at 403.17
The short term trend has been DOWN since Oct 17th, 2019 at 400.70
Smart Scan Analysis for DJCHINA
Based on a pre-defined weighted trend formula for chart analysis, DJCHINA scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||486.03000000||52wk High Date||2017-12-25|
|52wk Low||311.48000000||52wk Low Date||2018-10-19|