Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
ARCA EQUITY CALLS VOLUME UNCHG (DTN:@VCNEU)
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 @VCNEU
The long term trend has been UP since Mar 8th, 2018 at 62
The intermediate term trend has been DOWN since Oct 4th, 2018 at 18
The short term trend has been UP since Oct 19th, 2018 at 35
Smart Scan Analysis for @VCNEU
Based on a pre-defined weighted trend formula for chart analysis, @VCNEU scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).