Index Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
Dow Jones Global Industrials Index (INDEX:W1IDU)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 W1IDU
The long term trend has been UP since Feb 5th, 2019 at 361.00
The intermediate term trend has been UP since Jun 7th, 2019 at 374.94
The short term trend has been DOWN since Jul 17th, 2019 at 386.58
Smart Scan Analysis for W1IDU
Based on a pre-defined weighted trend formula for chart analysis, W1IDU scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||416.59||52wk High Date||2018-01-29|
|52wk Low||335.51||52wk Low Date||2018-10-29|