Index Trend Analysis Report
Prepared for you on Tuesday, January 23, 2018.
CREDIT SUISSE XLINKS WTI CRD INDEX IOPV (PACF:OIIL.IV)
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 OIIL.IV
The long term trend has been UP since Sep 14th, 2017 at 30.1622
The intermediate term trend has been UP since Sep 5th, 2017 at 29.4660
The short term trend has been DOWN since Jan 19th, 2018 at 37.4671
Smart Scan Analysis for OIIL.IV
Based on a pre-defined weighted trend formula for chart analysis, OIIL.IV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||38.1186||52wk High Date||2018-01-11|
|52wk Low||25.3708||52wk Low Date||2017-06-21|