Index Trend Analysis Report
Prepared for you on Sunday, January 21, 2018.
IPATH BLOOMBERG AGRICULTURE TRUST SUB INDEX I (PACF:JJA.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 JJA.IV
The long term trend has been DOWN since Aug 14th, 2017 at 31.4770
The intermediate term trend has been DOWN since Jan 12th, 2018 at 29.9076
The short term trend has been UP since Jan 19th, 2018 at 30.1848
Smart Scan Analysis for JJA.IV
Based on a pre-defined weighted trend formula for chart analysis, JJA.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||37.6064||52wk High Date||2017-02-16|
|52wk Low||29.7889||52wk Low Date||2018-01-16|