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Index Trend Analysis Report

Prepared for you on Friday, October 19, 2018.

PROSHARES ULTRA EURO IND VALUE (PACF:ULE.IV)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_ULE.IV
Open High Low ULE.IV Price Change
15.2369 15.4198 15.2299 15.3527 +0.1338
Entry Signal

MarketClub’s Trade Triangles for ULE.IV

long term down The long term trend has been DOWN since May 1st, 2018 at 17.2902

intermediate term down The intermediate term trend has been DOWN since Oct 2nd, 2018 at 15.5621

short term down The short term trend has been DOWN since Oct 17th, 2018 at 15.4249

Smart Scan Analysis for ULE.IV

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

-100
Smart Scan Analysis for ULE.IV
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.2369 15.4198 15.2299 15.3527 +0.1338
Prev. Close Volume Bid Ask Time
15.2189 0 2018-10-19 15:10:14
52wk High18.939652wk High Date2018-01-25
52wk Low14.9452wk Low Date2018-08-15
Want to analyze PROSHARES ULTRA EURO IND VALUE ULE.IV or another symbol? Try our Free Index Trend Analysis Report.