Index Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
IPATH SER B BLOOMBERG COFFEE IOPV (PACF:BJO.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 BJO.IV
The long term trend has been DOWN since Feb 16th, 2018 at 48.5823
The intermediate term trend has been DOWN since Jun 7th, 2018 at 29193.2704
The short term trend has been UP since Jun 22nd, 2018 at 24839.2704
Smart Scan Analysis for BJO.IV
Based on a pre-defined weighted trend formula for chart analysis, BJO.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||510142||52wk High Date||2018-01-29|
|52wk Low||46.782||52wk Low Date||2018-03-16|