Index Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
Dow Jones U.S. Food Products Index (INDEX:DJUSFP)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 DJUSFP
The long term trend has been UP since Apr 10th, 2019 at 506.18
The intermediate term trend has been UP since Jun 10th, 2019 at 517.78
The short term trend has been DOWN since Jul 11th, 2019 at 521.38
Smart Scan Analysis for DJUSFP
Based on a pre-defined weighted trend formula for chart analysis, DJUSFP scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||557.28||52wk High Date||2018-01-29|
|52wk Low||471.08||52wk Low Date||2018-05-03|