Index Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
DJ INDU VOLUME UP (DTN:@VI1A)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 @VI1A
The long term trend has been UP since Sep 21st, 2018 at 364906
The intermediate term trend has been DOWN since Oct 8th, 2018 at 147
The short term trend has been DOWN since Oct 15th, 2018 at 4288
Smart Scan Analysis for @VI1A
Based on a pre-defined weighted trend formula for chart analysis, @VI1A scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).