Index Trend Analysis Report
Prepared for you on Monday, October 15, 2018.
SPDR RUSSELL 1000 LOW VOLATILITY ETF [TOTAL CASH/UNIT] (PACF:LGLV.TC)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 LGLV.TC
The long term trend has been DOWN since Jun 4th, 2018 at -835.62
The intermediate term trend has been DOWN since Sep 24th, 2018 at 420.99
The short term trend has been DOWN since Oct 9th, 2018 at -165.36
Smart Scan Analysis for LGLV.TC
Based on a pre-defined weighted trend formula for chart analysis, LGLV.TC scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10309.8||52wk High Date||2018-04-02|
|52wk Low||-70959.72||52wk Low Date||2018-06-04|