Index Trend Analysis Report
Prepared for you on Monday, July 22, 2019.
Dow Jones U.S. Pipelines Index (INDEX:DJUSPL)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DJUSPL
The long term trend has been UP since Feb 1st, 2019 at 657.17
The intermediate term trend has been UP since Jun 7th, 2019 at 702.36
The short term trend has been DOWN since Jul 16th, 2019 at 717.08
Smart Scan Analysis for DJUSPL
Based on a pre-defined weighted trend formula for chart analysis, DJUSPL scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||708.74||52wk High Date||2018-08-10|
|52wk Low||563.58||52wk Low Date||2018-04-03|