Index Trend Analysis Report
Prepared for you on Sunday, July 22, 2018.
DIREXION DAILY LATIN AMERICA BULL IV (PACF:LBJ.IV)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 LBJ.IV
The long term trend has been DOWN since Apr 9th, 2018 at 33.7652
The intermediate term trend has been UP since Jul 6th, 2018 at 21.3607
The short term trend has been UP since Jul 20th, 2018 at 23.8843
Smart Scan Analysis for LBJ.IV
Based on a pre-defined weighted trend formula for chart analysis, LBJ.IV scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||49.0587||52wk High Date||2018-01-25|
|52wk Low||17.6667||52wk Low Date||2018-06-07|