Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
GLOBAL X CHINA CONSUMER ETF IVV IVV (PACF:CHIQ.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 CHIQ.IV
The long term trend has been DOWN since Jun 27th, 2018 at 18.0595
The intermediate term trend has been DOWN since Jun 19th, 2018 at 18.7769
The short term trend has been UP since Oct 22nd, 2018 at 13.7531
Smart Scan Analysis for CHIQ.IV
Based on a pre-defined weighted trend formula for chart analysis, CHIQ.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||19.9486||52wk High Date||2018-06-12|
|52wk Low||13.4993||52wk Low Date||2018-10-11|