Mutual Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
CLOSED-END STRATEGY: GLOBAL INCOME PORTFOLIO 2017-4 (INVESCO UNIT TRUST) (NASDAQ:IGLOLX)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 IGLOLX
The long term trend has been DOWN since Feb 5th, 2018 at 9.3497
The intermediate term trend has been DOWN since Aug 13th, 2018 at 9.1090
The short term trend has been UP since Sep 10th, 2018 at 9.0016
Smart Scan Analysis for IGLOLX
Based on a pre-defined weighted trend formula for chart analysis, IGLOLX scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||9.86||52wk High Date||2018-01-11|
|52wk Low||8.44||52wk Low Date||2018-10-11|
|Year End Close||9.6366||Payment Date||2018-10-25|