Index Trend Analysis Report
Prepared for you on Sunday, November 18, 2018.
INVESCO S&P 500 EQUAL WEIGHT TECH [TOTAL CASH/UNIT] (PACF:RYT.TC)
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 RYT.TC
The long term trend has been DOWN since Jun 18th, 2018 at -1550.61
The intermediate term trend has been UP since Nov 9th, 2018 at 2652.73
The short term trend has been UP since Nov 15th, 2018 at 3286.47
Smart Scan Analysis for RYT.TC
Based on a pre-defined weighted trend formula for chart analysis, RYT.TC scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||24590.53||52wk High Date||2017-12-15|
|52wk Low||-13239.17||52wk Low Date||2018-06-18|