Index Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
IPATH BLOOMBERG AGRICULTURE TRUST SUB INDEX I (PACF:JJA.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 JJA.IV
The long term trend has been UP since Feb 13th, 2018 at 31.4598
The intermediate term trend has been UP since Apr 9th, 2018 at 31.8063
The short term trend has been UP since Apr 19th, 2018 at 31.7134
Smart Scan Analysis for JJA.IV
Based on a pre-defined weighted trend formula for chart analysis, JJA.IV scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||51.8978||52wk High Date||2018-04-19|
|52wk Low||29.7889||52wk Low Date||2018-01-16|