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Index Trend Analysis Report

Prepared for you on Tuesday, September 25, 2018.

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

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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
13.8980 14.1164 13.7967 14.0691 +0.0261
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 Aug 24th, 2018 at 15.5249

short term down The short term trend has been DOWN since Sep 11th, 2018 at 15.5759

Smart Scan Analysis for SCO.IV

Based on a pre-defined weighted trend formula for chart analysis, SCO.IV scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for SCO.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
13.8980 14.1164 13.7967 14.0691 +0.0261
Prev. Close Volume Bid Ask Time
14.0430 0 2018-09-25 12:27:03
52wk High36.984852wk High Date2017-10-06
52wk Low13.789652wk Low Date2018-09-24
Want to analyze PROSHARES ULTRA-SHORT BLOOMBERG CRUDE OIL SCO.IV or another symbol? Try our Free Index Trend Analysis Report.