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Index Trend Analysis Report

Prepared for you on Sunday, June 24, 2018.

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
17.9835 17.9950 17.1761 17.1880 -1.6437
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 Jun 22nd, 2018 at 17.2599

short term down The short term trend has been DOWN since Jun 22nd, 2018 at 18.2674

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
17.9835 17.9950 17.1761 17.1880 -1.6437
Prev. Close Volume Bid Ask Time
17.1892 0 2018-06-22 16:29:32
52wk High50.787552wk High Date2017-06-26
52wk Low15.340552wk Low Date2018-05-22
Want to analyze PROSHARES ULTRA-SHORT BLOOMBERG CRUDE OIL SCO.IV or another symbol? Try our Free Index Trend Analysis Report.