Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
FINANCIAL SELECT SECTOR SPDR UNDERLYING TRADE VALUE (PACF:XLF.IV)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 XLF.IV
The long term trend has been DOWN since Apr 2nd, 2018 at 26.7672
The intermediate term trend has been UP since May 10th, 2018 at 28.1657
The short term trend has been UP since May 22nd, 2018 at 28.2790
Smart Scan Analysis for XLF.IV
Based on a pre-defined weighted trend formula for chart analysis, XLF.IV scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||30.3129||52wk High Date||2018-01-29|
|52wk Low||23.0936||52wk Low Date||2017-05-31|