Index Trend Analysis Report
Prepared for you on Thursday, July 18, 2019.
Dow Jones Global Consumer Services Index (INDEX:W1CYC)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 W1CYC
The long term trend has been UP since Mar 1st, 2019 at 502.95
The intermediate term trend has been UP since Jun 10th, 2019 at 519.28
The short term trend has been DOWN since Jul 17th, 2019 at 549.39
Smart Scan Analysis for W1CYC
Based on a pre-defined weighted trend formula for chart analysis, W1CYC scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||526.61||52wk High Date||2018-09-26|
|52wk Low||464.09||52wk Low Date||2018-10-29|