Index Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
SPDR BARCLAYS 7-10-YEAR US TREASURY BO (NASDAQ:INSPP7.IV)
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 INSPP7.IV
The long term trend has been DOWN since Sep 19th, 2018 at 27.58
The intermediate term trend has been DOWN since Jul 23rd, 2018 at 28.12
The short term trend has been UP since Oct 11th, 2018 at 27.34
Smart Scan Analysis for INSPP7.IV
Based on a pre-defined weighted trend formula for chart analysis, INSPP7.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||29.24||52wk High Date||2017-10-16|
|52wk Low||27.24||52wk Low Date||2018-10-05|