Index Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
Dow Jones U.S. General Retailers Index (INDEX:DJUSGT)
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 DJUSGT
The long term trend has been DOWN since Aug 28th, 2019 at 1388.45
The intermediate term trend has been UP since Oct 15th, 2019 at 1502.36
The short term trend has been UP since Nov 18th, 2019 at 1519.00
Smart Scan Analysis for DJUSGT
Based on a pre-defined weighted trend formula for chart analysis, DJUSGT scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1554.6||52wk High Date||2018-10-01|
|52wk Low||1060.03||52wk Low Date||2017-12-06|