Index Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
DIREXION DAILY RUSSIA BEAR 3X SHARES (PACF:RUSS.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 positive trend to resume. Uptrend 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.
MarketClub’s Trade Triangles for RUSS.IV
The long term trend has been UP since Apr 9th, 2018 at 22.9416
The intermediate term trend has been UP since Jun 12th, 2018 at 20.4853
The short term trend has been DOWN since Jun 20th, 2018 at 20.7118
Smart Scan Analysis for RUSS.IV
Based on a pre-defined weighted trend formula for chart analysis, RUSS.IV scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||42.2743||52wk High Date||2017-06-22|
|52wk Low||14.4065||52wk Low Date||2018-02-26|