Index Trend Analysis Report
Prepared for you on Monday, June 25, 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 Jun 26th, 2015 at 322
The intermediate term trend has been UP since Jan 10th, 2018 at 312
The short term trend has been DOWN since Jun 22nd, 2018 at 239
Smart Scan Analysis for @VCAD
Based on a pre-defined weighted trend formula for chart analysis, @VCAD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).