Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
Dow Jones U.S. Thematic Market Neutral Momentum Total Return Index (INDEX:DJTMNMOT)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DJTMNMOT
The long term trend has been DOWN since Aug 28th, 2019 at 1127.41
The intermediate term trend has been DOWN since Oct 22nd, 2019 at 1172.54
The short term trend has been DOWN since Dec 6th, 2019 at 1128.55
Smart Scan Analysis for DJTMNMOT
Based on a pre-defined weighted trend formula for chart analysis, DJTMNMOT scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1246.07||52wk High Date||2018-05-21|
|52wk Low||855.06||52wk Low Date||2017-12-06|