Index Trend Analysis Report
Prepared for you on Monday, April 22, 2019.
Dorsey Wright Tactical Tilt Moderate Core Index (NASDAQ:DWATTMC)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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 DWATTMC
The long term trend has been UP since Feb 4th, 2019 at 1192.45
The intermediate term trend has been UP since Mar 18th, 2019 at 1238.42
The short term trend has been DOWN since Apr 16th, 2019 at 1252.19
Smart Scan Analysis for DWATTMC
Based on a pre-defined weighted trend formula for chart analysis, DWATTMC scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1303.07||52wk High Date||2018-08-29|
|52wk Low||1099.28||52wk Low Date||2018-11-20|