Index Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
DJ INDU VOLUME UP (DTN:@VI1A)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 @VI1A
The long term trend has been DOWN since Apr 2nd, 2018 at 51
The intermediate term trend has been UP since Jun 22nd, 2018 at 298780
The short term trend has been DOWN since Jul 13th, 2018 at 2851
Smart Scan Analysis for @VI1A
Based on a pre-defined weighted trend formula for chart analysis, @VI1A scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).