Index Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
DOWN JONES ITALY TITANS 30 INDEX ((USD)) (INDEX:IT30D)
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 IT30D
The long term trend has been DOWN since Dec 21st, 2018 at 1388.97
The intermediate term trend has been UP since Jan 18th, 2019 at 1481.90
The short term trend has been UP since Feb 13th, 2019 at 1492.37
Smart Scan Analysis for IT30D
Based on a pre-defined weighted trend formula for chart analysis, IT30D scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1984.18||52wk High Date||2018-01-25|
|52wk Low||1391.92||52wk Low Date||2018-10-26|