Index Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
SIMPLEX TOPIX BEAR - 2X ETF IOPV (PACF:C356.IV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 C356.IV
The long term trend has been DOWN since Mar 14th, 2017 at 999999.999999
The intermediate term trend has been UP since Aug 13th, 2017 at 3141.443000
The short term trend has been UP since Aug 8th, 2017 at 3067.441000
Smart Scan Analysis for C356.IV
Based on a pre-defined weighted trend formula for chart analysis, C356.IV scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3926.469||52wk High Date||2017-04-17|
|52wk Low||3022.3||52wk Low Date||2017-08-07|