Index Trend Analysis Report
Prepared for you on Wednesday, January 17, 2018.
PROSHARES ULTRA HY (PACF:UJB.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 UJB.IV
The long term trend has been DOWN since Nov 15th, 2017 at 63.8242
The intermediate term trend has been UP since Jan 3rd, 2018 at 65.7896
The short term trend has been DOWN since Jan 9th, 2018 at 66.1594
Smart Scan Analysis for UJB.IV
Based on a pre-defined weighted trend formula for chart analysis, UJB.IV scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||67.0016||52wk High Date||2017-10-02|
|52wk Low||60.3953||52wk Low Date||2017-03-22|