Index Trend Analysis Report
Prepared for you on Saturday, February 16, 2019.
DJ GLBXUS UTIL (INDEX:W2UTI)
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 W2UTI
The long term trend has been UP since Jan 4th, 2019 at 187.11
The intermediate term trend has been UP since Jan 4th, 2019 at 187.11
The short term trend has been DOWN since Feb 15th, 2019 at 194.45
Smart Scan Analysis for W2UTI
Based on a pre-defined weighted trend formula for chart analysis, W2UTI scored +85 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|