Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
ULTRA-SHORT RUSSELL 2000 PROSHARES IND VALUE (PACF:TWM.IV)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 TWM.IV
The long term trend has been DOWN since Mar 12th, 2018 at 15.7469
The intermediate term trend has been DOWN since Jul 10th, 2018 at 13.6139
The short term trend has been UP since Jul 12th, 2018 at 13.9786
Smart Scan Analysis for TWM.IV
Based on a pre-defined weighted trend formula for chart analysis, TWM.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||22.9729||52wk High Date||2017-08-18|
|52wk Low||13.5671||52wk Low Date||2018-07-10|