Index Trend Analysis Report
Prepared for you on Monday, October 23, 2017.
SPX CALL VOLUME (DTN:@VC2T)
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 @VC2T
The long term trend has been DOWN since Oct 12th, 2017 at 293
The intermediate term trend has been DOWN since Oct 11th, 2017 at 757
The short term trend has been DOWN since Oct 23rd, 2017 at 1442
Smart Scan Analysis for @VC2T
Based on a pre-defined weighted trend formula for chart analysis, @VC2T scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).