Index Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
DJ US FINANCIALS (INDEX:DJUSFN)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DJUSFN
The long term trend has been DOWN since Dec 17th, 2018 at 538.94
The intermediate term trend has been UP since Jan 14th, 2019 at 544.15
The short term trend has been DOWN since Feb 22nd, 2019 at 588.30
Smart Scan Analysis for DJUSFN
Based on a pre-defined weighted trend formula for chart analysis, DJUSFN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||626.91||52wk High Date||2018-01-29|
|52wk Low||548.08||52wk Low Date||2018-10-26|