Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
PROSHARES ULTRAPRO SHORT RUSSELL IND VALUE (PACF:SRTY.IV)
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 SRTY.IV
The long term trend has been UP since Oct 5th, 2018 at 25.0484
The intermediate term trend has been UP since Sep 17th, 2018 at 21.7837
The short term trend has been UP since Nov 9th, 2018 at 28.1183
Smart Scan Analysis for SRTY.IV
Based on a pre-defined weighted trend formula for chart analysis, SRTY.IV scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||38.6744||52wk High Date||2018-02-09|
|52wk Low||20.3927||52wk Low Date||2018-08-31|