Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
NIKKEI 225 BEAR - 2X IOPV (PACF:C360.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 C360.IV
The long term trend has been DOWN since May 13th, 2018 at 2877.5439
The intermediate term trend has been UP since Oct 10th, 2018 at 2722.9692
The short term trend has been DOWN since Oct 16th, 2018 at 2755.7339
Smart Scan Analysis for C360.IV
Based on a pre-defined weighted trend formula for chart analysis, C360.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3706.625||52wk High Date||2018-03-26|
|52wk Low||2380.736||52wk Low Date||2018-10-02|