Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
DIREXION DLY RETAIL 3X BL IV (PACF:RETL.IV)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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 RETL.IV
The long term trend has been UP since Jun 4th, 2018 at 39.0446
The intermediate term trend has been DOWN since Jul 2nd, 2018 at 41.9499
The short term trend has been UP since Jul 17th, 2018 at 44.4818
Smart Scan Analysis for RETL.IV
Based on a pre-defined weighted trend formula for chart analysis, RETL.IV scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||48.6809||52wk High Date||2018-06-22|
|52wk Low||21.4276||52wk Low Date||2017-08-21|