Index Trend Analysis Report
Prepared for you on Friday, August 17, 2018.
NYSE AMEX EQUITY CALLS VOLUME UNCHG (DTN:@VCAEU)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 @VCAEU
The long term trend has been UP since Jul 12th, 2018 at 50
The intermediate term trend has been DOWN since Aug 9th, 2018 at 6
The short term trend has been UP since Aug 14th, 2018 at 9
Smart Scan Analysis for @VCAEU
Based on a pre-defined weighted trend formula for chart analysis, @VCAEU scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).