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Index Trend Analysis Report

Prepared for you on Thursday, November 23, 2017.

PROSHARES ULTRA-SHORT BLOOMBERG CRUDE OIL (PACF:SCO.IV)

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.

PACF_SCO.IV
Open High Low SCO.IV Price Change
27.8186 27.8186 26.6361 26.6669 -1.1517
Entry Signal

MarketClub’s Trade Triangles for SCO.IV

long term down The long term trend has been DOWN since Sep 14th, 2017 at 36.1170

intermediate term down The intermediate term trend has been DOWN since Sep 5th, 2017 at 37.6625

short term down The short term trend has been DOWN since Nov 21st, 2017 at 27.9230

Smart Scan Analysis for SCO.IV

Based on a pre-defined weighted trend formula for chart analysis, SCO.IV scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for SCO.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
27.8186 27.8186 26.6361 26.6669 -1.1517
Prev. Close Volume Bid Ask Time
26.6655 0 2017-11-22 16:14:30
52wk High91.285352wk High Date2016-11-29
52wk Low26.709152wk Low Date2017-11-08
Want to analyze PROSHARES ULTRA-SHORT BLOOMBERG CRUDE OIL SCO.IV or another symbol? Try our Free Index Trend Analysis Report.