Index Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
INVESCO RUSSELL 2000 EQUITY WTS PORTF IOP (PACF:EQWS.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 positive trend to resume. Uptrend 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 EQWS.IV
The long term trend has been UP since May 9th, 2018 at 44.4991
The intermediate term trend has been UP since Aug 21st, 2018 at 47.2107
The short term trend has been UP since Sep 13th, 2018 at 47.6528
Smart Scan Analysis for EQWS.IV
Based on a pre-defined weighted trend formula for chart analysis, EQWS.IV scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||48.2055||52wk High Date||2018-08-31|
|52wk Low||39.7186||52wk Low Date||2018-02-09|