Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
NASDAQ EQUITY ETF CALLS VOLUME DECLINE (DTN:@VCQFD)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 @VCQFD
The long term trend has been UP since Oct 4th, 2018 at 258
The intermediate term trend has been DOWN since Nov 9th, 2018 at 42
The short term trend has been UP since Nov 29th, 2018 at 95
Smart Scan Analysis for @VCQFD
Based on a pre-defined weighted trend formula for chart analysis, @VCQFD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).