Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
OPPENHEIMER S&P FINANCIALS REVENUE IOPV (PACF:RWW.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 negative trend to resume. Downtrend 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 RWW.IV
The long term trend has been DOWN since Oct 12th, 2018 at 63.7732
The intermediate term trend has been DOWN since Sep 28th, 2018 at 67.8566
The short term trend has been UP since Oct 17th, 2018 at 65.5645
Smart Scan Analysis for RWW.IV
Based on a pre-defined weighted trend formula for chart analysis, RWW.IV scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||74.3257||52wk High Date||2018-01-29|
|52wk Low||63.4626||52wk Low Date||2018-10-12|