Index Trend Analysis Report
Prepared for you on Wednesday, October 16, 2019.
Dow Jones U.S. Specialized Consumer Services Index (INDEX:DJUSCS)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 DJUSCS
The long term trend has been DOWN since Aug 28th, 2019 at 1618.22
The intermediate term trend has been DOWN since Aug 28th, 2019 at 1743.89
The short term trend has been DOWN since Oct 16th, 2019 at 1778.69
Smart Scan Analysis for DJUSCS
Based on a pre-defined weighted trend formula for chart analysis, DJUSCS scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1668.59000000||52wk High Date||2018-10-01|
|52wk Low||1304.88000000||52wk Low Date||2018-02-09|