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Index Trend Analysis Report

Prepared for you on Tuesday, November 20, 2018.

IPATH PURE BETA CRUDE OIL ET IV (PACF:OLEM.IV)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.

PACF_OLEM.IV
Open High Low OLEM.IV Price Change
17.8538 17.9410 16.5381 17.8868 +0.1143
Entry Signal

MarketClub’s Trade Triangles for OLEM.IV

long term down The long term trend has been DOWN since Nov 2nd, 2018 at 19.7101

intermediate term down The intermediate term trend has been DOWN since Oct 17th, 2018 at 21.8961

short term down The short term trend has been DOWN since Oct 8th, 2018 at 22.9563

Smart Scan Analysis for OLEM.IV

Based on a pre-defined weighted trend formula for chart analysis, OLEM.IV scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for OLEM.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.8538 17.9410 16.5381 17.8868 +0.1143
Prev. Close Volume Bid Ask Time
17.7725 0 2018-11-20 15:58:33
52wk High23.8452wk High Date2018-10-03
52wk Low16.465952wk Low Date2017-11-20
Want to analyze IPATH PURE BETA CRUDE OIL ET IV OLEM.IV or another symbol? Try our Free Index Trend Analysis Report.