Index Trend Analysis Report
Prepared for you on Saturday, April 20, 2019.
DJ US INDUSTRIAL METALS/MINING INDEX (INDEX:DJUSIM)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 DJUSIM
The long term trend has been DOWN since Aug 15th, 2018 at 226.85
The intermediate term trend has been UP since Apr 1st, 2019 at 196.68
The short term trend has been UP since Apr 12th, 2019 at 198.37
Smart Scan Analysis for DJUSIM
Based on a pre-defined weighted trend formula for chart analysis, DJUSIM scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||271.57||52wk High Date||2018-01-12|
|52wk Low||183.72||52wk Low Date||2018-11-28|