Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
INVESCO CHINA TECH (PACF:CQQQ.IV)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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 CQQQ.IV
The long term trend has been DOWN since Feb 9th, 2018 at 57.5913
The intermediate term trend has been DOWN since Jun 19th, 2018 at 58.9012
The short term trend has been DOWN since Aug 10th, 2018 at 51.5820
Smart Scan Analysis for CQQQ.IV
Based on a pre-defined weighted trend formula for chart analysis, CQQQ.IV scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||66.7271||52wk High Date||2017-11-22|
|52wk Low||46.2287||52wk Low Date||2018-08-15|