Index Trend Analysis Report
Prepared for you on Monday, March 18, 2019.
DJ US SPCLTYCHEM (INDEX:DJUSCX)
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 DJUSCX
The long term trend has been DOWN since Oct 11th, 2018 at 929.60
The intermediate term trend has been UP since Jan 8th, 2019 at 888.62
The short term trend has been DOWN since Mar 14th, 2019 at 969.06
Smart Scan Analysis for DJUSCX
Based on a pre-defined weighted trend formula for chart analysis, DJUSCX scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1034.71||52wk High Date||2018-09-21|
|52wk Low||879.92||52wk Low Date||2018-04-02|