Index Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
Dorsey Wright Momentum Plus Low Volatility Index (NASDAQ:DWAMLV)
Sidelines Mode (+55) - DWAMLV is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DWAMLV?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWAMLV.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWAMLV
The long-term trend has been UP since Apr 5th, 2021 at 1357.98
The intermediate-term trend has been UP since Oct 18th, 2021 at 1549.68
The short-term trend has been DOWN since Nov 22nd, 2021 at 1633.79
Smart Scan Analysis for DWAMLV
Based on our trend formula, DWAMLV is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).