Index Trend Analysis Report
Prepared for you on Thursday, June 20, 2019.
Dow Jones U.S. Soft Drinks Index (INDEX:DJUSSD)
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 DJUSSD
The long term trend has been UP since Nov 6th, 2018 at 660.18
The intermediate term trend has been UP since Mar 11th, 2019 at 649.51
The short term trend has been DOWN since Jun 13th, 2019 at 727.22
Smart Scan Analysis for DJUSSD
Based on a pre-defined weighted trend formula for chart analysis, DJUSSD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||689.72||52wk High Date||2018-11-20|
|52wk Low||560.82||52wk Low Date||2018-05-15|