Index Trend Analysis Report
Prepared for you on Wednesday, March 29, 2017.
HORIZON S&P 500 COVERED CALL IV (PACF:HSPX.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 HSPX.IV
The long term trend has been DOWN since Mar 20th, 2017 at 44.51
The intermediate term trend has been DOWN since Mar 20th, 2017 at 47.18
The short term trend has been UP since Mar 28th, 2017 at 47.29
Smart Scan Analysis for HSPX.IV
Based on a pre-defined weighted trend formula for chart analysis, HSPX.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||47.86||52wk High Date||2017-03-01|
|52wk Low||0.48||52wk Low Date||2017-03-20|