Index Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
DJ US TECH TOTAL RETURN INDEX (INDEX:DJUSTCT)
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 DJUSTCT
The long term trend has been UP since Feb 15th, 2019 at 2332.75
The intermediate term trend has been UP since Jan 15th, 2019 at 2129.43
The short term trend has been DOWN since Mar 25th, 2019 at 2454.25
Smart Scan Analysis for DJUSTCT
Based on a pre-defined weighted trend formula for chart analysis, DJUSTCT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2525.72||52wk High Date||2018-08-30|
|52wk Low||1977.67||52wk Low Date||2018-02-09|