Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
IPATH LONG EXTENDED RUSSELL 2000 TRUST INDE (PACF:RTLA.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 RTLA.IV
The long term trend has been UP since Sep 22nd, 2017 at 214.7637
The intermediate term trend has been UP since Nov 21st, 2017 at 228.5367
The short term trend has been DOWN since Dec 14th, 2017 at 229.4881
Smart Scan Analysis for RTLA.IV
Based on a pre-defined weighted trend formula for chart analysis, RTLA.IV scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||-60605.2296||52wk High Date||2017-10-17|
|52wk Low||188.1516||52wk Low Date||2017-03-27|