Index Trend Analysis Report
Prepared for you on Wednesday, June 19, 2019.
Dow Jones U.S. Aerospace Index (INDEX:DJUSAS)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DJUSAS
The long term trend has been DOWN since May 13th, 2019 at 1641.52
The intermediate term trend has been UP since Jun 10th, 2019 at 1689.90
The short term trend has been UP since Jun 17th, 2019 at 1648.10
Smart Scan Analysis for DJUSAS
Based on a pre-defined weighted trend formula for chart analysis, DJUSAS scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1790.96||52wk High Date||2018-10-03|
|52wk Low||1365.29||52wk Low Date||2017-12-01|