Index Trend Analysis Report
Prepared for you on Friday, July 20, 2018.
DIREXION DAILY RUSSIA BULL 3X SHARES [TOTAL CASH/UNIT] (PACF:RUSL.TC)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.
MarketClub’s Trade Triangles for RUSL.TC
The long term trend has been DOWN since Feb 28th, 2018 at -198194.95
The intermediate term trend has been DOWN since Jul 12th, 2018 at -62445.87
The short term trend has been DOWN since Jul 12th, 2018 at 25728.93
Smart Scan Analysis for RUSL.TC
Based on a pre-defined weighted trend formula for chart analysis, RUSL.TC scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||164767.6||52wk High Date||2018-02-27|
|52wk Low||-605383.1||52wk Low Date||2018-04-10|