Index Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
SPX CALL VOLUME (DTN:@VC2T)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 @VC2T
The long term trend has been UP since Nov 21st, 2017 at 740924
The intermediate term trend has been UP since Jul 9th, 2018 at 500940
The short term trend has been DOWN since Jul 12th, 2018 at 2241
Smart Scan Analysis for @VC2T
Based on a pre-defined weighted trend formula for chart analysis, @VC2T scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).