Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
ARCA EQUITY ONLY CALLS VOLUME UNCHG (DTN:@VCNRU)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 @VCNRU
The long term trend has been DOWN since Mar 19th, 2018 at 14
The intermediate term trend has been UP since Jul 9th, 2018 at 36
The short term trend has been UP since Aug 16th, 2018 at 28
Smart Scan Analysis for @VCNRU
Based on a pre-defined weighted trend formula for chart analysis, @VCNRU scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).