Index Trend Analysis Report
Prepared for you on Tuesday, June 25, 2019.
Dow Jones Global ex-U.S. Utilities Index (INDEX:W2UTI)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 W2UTI
The long term trend has been DOWN since May 8th, 2019 at 192.43
The intermediate term trend has been UP since Jun 3rd, 2019 at 192.52
The short term trend has been DOWN since Jun 25th, 2019 at 199.93
Smart Scan Analysis for W2UTI
Based on a pre-defined weighted trend formula for chart analysis, W2UTI scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||201.73||52wk High Date||2018-01-25|
|52wk Low||176.57||52wk Low Date||2018-10-26|