Index Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
IPATH SER B BLOOMBERG COTTON IOPV (PACF:BALB.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 BALB.IV
The long term trend has been UP since Sep 4th, 2018 at 150408.2704
The intermediate term trend has been UP since Oct 22nd, 2018 at 491067.0000
The short term trend has been DOWN since Nov 12th, 2018 at 481801.0000
Smart Scan Analysis for BALB.IV
Based on a pre-defined weighted trend formula for chart analysis, BALB.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||579905||52wk High Date||2018-06-08|
|52wk Low||45.945||52wk Low Date||2018-02-15|