Index Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
ULTRA-SHORT QQQ PROSHARES IND VALUE (PACF:QID.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 QID.IV
The long term trend has been DOWN since Apr 1st, 2016 at 29.3977
The intermediate term trend has been UP since Aug 10th, 2017 at 16.4189
The short term trend has been DOWN since Aug 15th, 2017 at 15.8385
Smart Scan Analysis for QID.IV
Based on a pre-defined weighted trend formula for chart analysis, QID.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||26.6755||52wk High Date||2016-09-12|
|52wk Low||15.4668||52wk Low Date||2017-07-27|