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Index Trend Analysis Report

Prepared for you on Wednesday, October 17, 2018.

PROSHARES ULTRAPRO NASDAQ BIOTECH (PACF:UBIO.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.

PACF_UBIO.IV
Open High Low UBIO.IV Price Change
32.1580 36.4261 32.1580 36.3550 +4.1917
Entry Signal

MarketClub’s Trade Triangles for UBIO.IV

long term down The long term trend has been DOWN since Oct 11th, 2018 at 32.3009

intermediate term down The intermediate term trend has been DOWN since Oct 5th, 2018 at 38.1937

short term up The short term trend has been UP since Oct 16th, 2018 at 33.7213

Smart Scan Analysis for UBIO.IV

Based on a pre-defined weighted trend formula for chart analysis, UBIO.IV scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for UBIO.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
32.1580 36.4261 32.1580 36.3550 +4.1917
Prev. Close Volume Bid Ask Time
36.3326 0 2018-10-16 15:59:09
52wk High46.287352wk High Date2018-01-29
52wk Low25.859452wk Low Date2018-05-03
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