Index Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
MERCURY CALLS VOLUME DOWN (DTN:@VCJD)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 @VCJD
The long term trend has been DOWN since Dec 29th, 2017 at 2
The intermediate term trend has been DOWN since Nov 1st, 2018 at 4
The short term trend has been DOWN since Nov 14th, 2018 at 5
Smart Scan Analysis for @VCJD
Based on a pre-defined weighted trend formula for chart analysis, @VCJD scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).