Index Trend Analysis Report
Prepared for you on Friday, March 22, 2019.
DJ EMERGING MARKET OIL & GAS TITANS 30 (INDEX:DJEEO)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 DJEEO
The long term trend has been UP since Feb 1st, 2019 at 1288.52
The intermediate term trend has been UP since Jan 7th, 2019 at 1219.47
The short term trend has been DOWN since Mar 22nd, 2019 at 1343.84
Smart Scan Analysis for DJEEO
Based on a pre-defined weighted trend formula for chart analysis, DJEEO scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1333.87||52wk High Date||2018-10-03|
|52wk Low||1097.48||52wk Low Date||2017-12-01|