Index Trend Analysis Report
Prepared for you on Wednesday, May 23, 2018.
BOX CALLS VOLUME DOWN (DTN:@VCBD)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 @VCBD
The long term trend has been DOWN since May 7th, 2018 at 61
The intermediate term trend has been UP since May 15th, 2018 at 163
The short term trend has been UP since May 18th, 2018 at 172
Smart Scan Analysis for @VCBD
Based on a pre-defined weighted trend formula for chart analysis, @VCBD scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).