Index Trend Analysis Report
Prepared for you on Friday, February 23, 2018.
SIMPLEX TOPIX BEAR - 2X ETF IOPV (PACF:C356.IV)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 C356.IV
The long term trend has been UP since Feb 8th, 2018 at 2621.4165
The intermediate term trend has been UP since Jan 29th, 2018 at 2237.8738
The short term trend has been UP since Feb 21st, 2018 at 2527.3979
Smart Scan Analysis for C356.IV
Based on a pre-defined weighted trend formula for chart analysis, C356.IV scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3926.469||52wk High Date||2017-04-17|
|52wk Low||2144.406||52wk Low Date||2018-01-23|