Index Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
SPDR LEHMAN BROS HIGH YIELD BOND EST VALUE [EST CASH/UNIT] (PACF:JNK.EU)
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 JNK.EU
The long term trend has been UP since Oct 2nd, 2017 at 475909.16
The intermediate term trend has been UP since Aug 16th, 2018 at 796440.12
The short term trend has been DOWN since Sep 21st, 2018 at 844335.50
Smart Scan Analysis for JNK.EU
Based on a pre-defined weighted trend formula for chart analysis, JNK.EU scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||876087.3||52wk High Date||2018-08-24|
|52wk Low||352039.3||52wk Low Date||2017-10-04|