Index Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
DJ GLOBAL SELECT REAL ESTATE SECURITIES (INDEX:DWGRSA)
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 DWGRSA
The long term trend has been UP since Jan 28th, 2019 at 3496.54
The intermediate term trend has been UP since Jan 13th, 2019 at 3371.46
The short term trend has been DOWN since Mar 25th, 2019 at 3683.52
Smart Scan Analysis for DWGRSA
Based on a pre-defined weighted trend formula for chart analysis, DWGRSA scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3569.86||52wk High Date||2018-09-11|
|52wk Low||2968.98||52wk Low Date||2018-02-12|