Index Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
DJ UTIL VOLUME UNCHG (DTN:@VI3U)
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 @VI3U
The long term trend has been DOWN since May 9th, 2018 at 421
The intermediate term trend has been DOWN since Jun 6th, 2018 at 474
The short term trend has been DOWN since Jul 16th, 2018 at 1628
Smart Scan Analysis for @VI3U
Based on a pre-defined weighted trend formula for chart analysis, @VI3U scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).