Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
DJ SM-CAP GROWTH INDEX (INDEX:DJUSGS)
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 DJUSGS
The long term trend has been UP since Feb 12th, 2019 at 4672.39
The intermediate term trend has been UP since Mar 21st, 2019 at 4882.86
The short term trend has been DOWN since Apr 17th, 2019 at 4948.51
Smart Scan Analysis for DJUSGS
Based on a pre-defined weighted trend formula for chart analysis, DJUSGS scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5101.56||52wk High Date||2018-09-14|
|52wk Low||4208.55||52wk Low Date||2018-02-09|