Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
NYSE_AMEX CALLS VOLUME DOWN (DTN:@VCAD)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 @VCAD
The long term trend has been UP since Sep 24th, 2015 at 452
The intermediate term trend has been UP since Aug 15th, 2018 at 509
The short term trend has been UP since Sep 17th, 2018 at 338
Smart Scan Analysis for @VCAD
Based on a pre-defined weighted trend formula for chart analysis, @VCAD scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).