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Index Trend Analysis Report

Prepared for you on Friday, October 20, 2017.

ULTRA-SHORT QQQ PROSHARES IND VALUE (PACF:QID.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 negative trend to resume. Downtrend 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.

PACF_QID.IV
Open High Low QID.IV Price Change
14.8762 14.8762 14.7326 14.7392 -0.1376
Entry Signal

MarketClub’s Trade Triangles for QID.IV

long term down The long term trend has been DOWN since Apr 1st, 2016 at 29.3977

intermediate term down The intermediate term trend has been DOWN since Oct 5th, 2017 at 15.2726

short term up The short term trend has been UP since Oct 19th, 2017 at 14.8724

Smart Scan Analysis for QID.IV

Based on a pre-defined weighted trend formula for chart analysis, QID.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for QID.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
14.8762 14.8762 14.7326 14.7392 -0.1376
Prev. Close Volume Bid Ask Time
14.8768 0 2017-10-20 10:13:23
52wk High26.487552wk High Date2016-11-04
52wk Low14.702452wk Low Date2017-10-18
Want to analyze ULTRA-SHORT QQQ PROSHARES IND VALUE QID.IV or another symbol? Try our Free Index Trend Analysis Report.