Index Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
Dow Jones U.S. Large-Cap Growth Index (INDEX:DJUSGL)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 DJUSGL
The long term trend has been UP since Jul 2nd, 2019 at 2988.67
The intermediate term trend has been UP since Jun 10th, 2019 at 2866.55
The short term trend has been DOWN since Jul 17th, 2019 at 3045.65
Smart Scan Analysis for DJUSGL
Based on a pre-defined weighted trend formula for chart analysis, DJUSGL scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3031.46||52wk High Date||2018-10-01|
|52wk Low||2399.83||52wk Low Date||2017-12-06|