Index Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
DBIQ OPTIMUM YIELD SILVER INDEX EX RETURN (PACF:DBSLIX)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 DBSLIX
The long term trend has been UP since Jan 24th, 2018 at 107.95
The intermediate term trend has been UP since Apr 11th, 2018 at 103.34
The short term trend has been DOWN since Apr 23rd, 2018 at 104.64
Smart Scan Analysis for DBSLIX
Based on a pre-defined weighted trend formula for chart analysis, DBSLIX scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||112.48||52wk High Date||2017-09-08|
|52wk Low||94.59||52wk Low Date||2017-07-10|