Index Trend Analysis Report
Prepared for you on Friday, April 20, 2018.
SPX CALL VOLUME (DTN:@VC2T)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 DOWN since Mar 15th, 2018 at 472
The short term trend has been DOWN since Apr 19th, 2018 at 2211
Smart Scan Analysis for @VC2T
Based on a pre-defined weighted trend formula for chart analysis, @VC2T scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).