Index Trend Analysis Report
Prepared for you on Thursday, July 20, 2017.
HORIZON S&P 500 COVERED CALL IV (PACF:HSPX.IV)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 HSPX.IV
The long term trend has been UP since Apr 25th, 2017 at 47.86
The intermediate term trend has been DOWN since Jul 11th, 2017 at 47.61
The short term trend has been DOWN since Jul 20th, 2017 at 48.47
Smart Scan Analysis for HSPX.IV
Based on a pre-defined weighted trend formula for chart analysis, HSPX.IV scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1133.78||52wk High Date||2017-07-11|
|52wk Low||0.48||52wk Low Date||2017-03-20|