Index Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
MIAX EQUITY ETF CALLS VOLUME TOTAL (DTN:@VCMFT)
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 @VCMFT
The long term trend has been UP since Mar 23rd, 2018 at 196
The intermediate term trend has been UP since Mar 23rd, 2018 at 196
The short term trend has been UP since Jun 6th, 2018 at 169
Smart Scan Analysis for @VCMFT
Based on a pre-defined weighted trend formula for chart analysis, @VCMFT scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).