Mutual Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
DIREXION INDEXED COMMODITY STRATEGY FUND CL C SHARES (NASDAQ:DXSCX)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DXSCX
The long term trend has been DOWN since Mar 8th, 2017 at 14.54
The intermediate term trend has been UP since Oct 13th, 2017 at 13.15
The short term trend has been UP since Oct 5th, 2017 at 12.97
Smart Scan Analysis for DXSCX
Based on a pre-defined weighted trend formula for chart analysis, DXSCX scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||15.04||52wk High Date||2016-10-19|
|52wk Low||12.94||52wk Low Date||2017-10-02|
|Year End Close||14.98|