Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
INDUSTRIAL SELECT SECTOR SPDR UNDERLYING TRADE VALUE (PACF:XLI.IV)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.
MarketClub’s Trade Triangles for XLI.IV
The long term trend has been DOWN since Oct 23rd, 2018 at 70.9140
The intermediate term trend has been DOWN since Oct 9th, 2018 at 78.1222
The short term trend has been DOWN since Nov 12th, 2018 at 71.9193
Smart Scan Analysis for XLI.IV
Based on a pre-defined weighted trend formula for chart analysis, XLI.IV scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||80.9434||52wk High Date||2018-01-30|
|52wk Low||66.9027||52wk Low Date||2018-10-30|