Simplify Managed Futures Strategy is slightly up on the day, it isn't making a very strong move but still up 0.44%. We'll see if it can keep moving up or not. It looks like CTA may be interacting with a slightly angled support line. This area could represent a pivot point that it moves up from. In terms of momentum, Simplify Managed Futures Strategy has done a great job over the last few months and produced some nice returns for its owners. Over the past 3 months, investors in the ETF are up a nice 6.90 percent. We'll see if CTA continues to perform.
If we get a reversal off of support and Simplify Managed Futures Strategy starts moving up, it can probably get to $30.21 at which point it'll need to break through that resistance level in order to keep moving higher. If it fails to bounce off this level and breaks down lower, it will most likely find the nearest support a the $28.69
at which point, it may have a chance of recovering from there.
How to use: use the research links to research the asset. Then simply type in a score for each category between (01, 02, 03, 04, 05). 05 being the most bullish and 01 being the most bearish. It will automatically calculate the average and combine it with the technical score to create an overall score to rank prospects by. You can also type notes into each field.
