Index Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
DIREXION DAILY CONSUMER STAPLES BEAR 1X (PACF:SPLZ.IV)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 SPLZ.IV
The long term trend has been UP since Jul 11th, 2017 at 23.7312
The intermediate term trend has been DOWN since Jul 25th, 2017 at 23.2374
The short term trend has been DOWN since Aug 14th, 2017 at 23.1902
Smart Scan Analysis for SPLZ.IV
Based on a pre-defined weighted trend formula for chart analysis, SPLZ.IV scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||25.2644||52wk High Date||2017-01-10|
|52wk Low||22.5253||52wk Low Date||2017-06-05|