Index Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
DJ EMG MARKET CON TIT 30 IND EUR (INDEX:DJECONE)
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 DJECONE
The long term trend has been UP since Dec 17th, 2018 at 2185.59
The intermediate term trend has been UP since Jan 13th, 2019 at 2079.05
The short term trend has been DOWN since Feb 15th, 2019 at 2189.89
Smart Scan Analysis for DJECONE
Based on a pre-defined weighted trend formula for chart analysis, DJECONE scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2687.57||52wk High Date||2018-01-09|
|52wk Low||1913.49||52wk Low Date||2018-10-11|