Index Trend Analysis Report
Prepared for you on Tuesday, February 19, 2019.
DJIM CHINA/HONG KONG TITANS (INDEX:DJICHK)
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 DJICHK
The long term trend has been UP since Feb 11th, 2019 at 2264.82
The intermediate term trend has been UP since Jan 8th, 2019 at 2110.36
The short term trend has been DOWN since Feb 14th, 2019 at 2263.76
Smart Scan Analysis for DJICHK
Based on a pre-defined weighted trend formula for chart analysis, DJICHK scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2533.33||52wk High Date||2018-06-07|
|52wk Low||1966.33||52wk Low Date||2018-10-30|