Index Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
DIREXION DAILY 30Y TRS BEAR 3X VALUE (PACF:TMV.IV)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 TMV.IV
The long term trend has been UP since Feb 1st, 2018 at 19.9036
The intermediate term trend has been DOWN since May 25th, 2018 at 20.4548
The short term trend has been UP since Jun 20th, 2018 at 19.8888
Smart Scan Analysis for TMV.IV
Based on a pre-defined weighted trend formula for chart analysis, TMV.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||22.4378||52wk High Date||2018-02-21|
|52wk Low||17.07||52wk Low Date||2017-12-15|