Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
INDUSTRIAL SELECT SECTOR SPDR UNDERLYING TRADE VALUE (PACF:XLI.IV)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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.
MarketClub’s Trade Triangles for XLI.IV
The long term trend has been UP since Jul 31st, 2018 at 76.8042
The intermediate term trend has been UP since Jul 16th, 2018 at 73.8875
The short term trend has been UP since Sep 5th, 2018 at 77.5746
Smart Scan Analysis for XLI.IV
Based on a pre-defined weighted trend formula for chart analysis, XLI.IV scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||80.9434||52wk High Date||2018-01-30|
|52wk Low||69.4133||52wk Low Date||2017-09-19|