Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
DJ INDU VOLUME UP (DTN:@VI1A)
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 @VI1A
The long term trend has been UP since Dec 15th, 2017 at 409864
The intermediate term trend has been DOWN since Feb 14th, 2018 at 122
The short term trend has been UP since Mar 23rd, 2018 at 189995
Smart Scan Analysis for @VI1A
Based on a pre-defined weighted trend formula for chart analysis, @VI1A scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).