Index Trend Analysis Report
Prepared for you on Monday, April 23, 2018.
DB COMMODITY DOUBLE SHORT ETN IND VALUE (PACF:DEE.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 DEE.IV
The long term trend has been DOWN since Aug 10th, 2017 at 80.91
The intermediate term trend has been DOWN since Mar 21st, 2018 at 63.24
The short term trend has been UP since Apr 23rd, 2018 at 57.98
Smart Scan Analysis for DEE.IV
Based on a pre-defined weighted trend formula for chart analysis, DEE.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||99.47||52wk High Date||2017-06-26|
|52wk Low||54.5||52wk Low Date||2018-04-19|