Index Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
DJ ISLAMIC MARKET US LG-CAP INDEX (INDEX:IMUSL)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 IMUSL
The long term trend has been DOWN since Oct 24th, 2018 at 4834.74
The intermediate term trend has been UP since Jan 15th, 2019 at 4691.39
The short term trend has been UP since Feb 11th, 2019 at 4879.67
Smart Scan Analysis for IMUSL
Based on a pre-defined weighted trend formula for chart analysis, IMUSL scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5348.73||52wk High Date||2018-10-03|
|52wk Low||4410.81||52wk Low Date||2018-02-09|