Index Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
Dorsey Wright Momentum Plus Low Vol TR Index (NASDAQ:DWAMLVT)
Strong Uptrend (+100) - DWAMLVT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, DWAMLVT continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid DWAMLVT?
MarketClub looks at technical strength and momentum to determine if the timing is right for DWAMLVT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DWAMLVT
The long-term trend has been UP since Jul 2nd, 2020 at 1166.88
The intermediate-term trend has been UP since Jul 2nd, 2020 at 1166.88
The short-term trend has been UP since Jul 29th, 2020 at 1234.51
Smart Scan Analysis for DWAMLVT
Based on our trend formula, DWAMLVT is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).