Index Trend Analysis Report
Prepared for you on Sunday, October 22, 2017.
DIREXION DAILY LATIN AMERICA BULL IV (PACF:LBJ.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 LBJ.IV
The long term trend has been UP since Aug 8th, 2017 at 32.0849
The intermediate term trend has been UP since Oct 5th, 2017 at 38.7721
The short term trend has been DOWN since Oct 17th, 2017 at 35.8935
Smart Scan Analysis for LBJ.IV
Based on a pre-defined weighted trend formula for chart analysis, LBJ.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||39.4598||52wk High Date||2017-10-05|
|52wk Low||17.06565||52wk Low Date||2016-12-19|