Index Trend Analysis Report
Prepared for you on Monday, June 17, 2019.
Dow Jones Global Consumer Goods Index (INDEX:W1NCY)
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 W1NCY
The long term trend has been UP since Feb 20th, 2019 at 489.75
The intermediate term trend has been UP since Jun 7th, 2019 at 502.92
The short term trend has been DOWN since Jun 14th, 2019 at 504.55
Smart Scan Analysis for W1NCY
Based on a pre-defined weighted trend formula for chart analysis, W1NCY scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||571.09||52wk High Date||2018-01-24|
|52wk Low||468.33||52wk Low Date||2018-10-26|