Index Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
NYSE_AMEX CALLS VOLUME DOWN (DTN:@VCAD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 Dec 1st, 2015 at 263
The intermediate term trend has been UP since Aug 15th, 2018 at 509
The short term trend has been UP since Nov 16th, 2018 at 474
Smart Scan Analysis for @VCAD
Based on a pre-defined weighted trend formula for chart analysis, @VCAD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).