Index Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
DJ UTIL VOLUME UNCHG (DTN:@VI3U)
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 @VI3U
The long term trend has been UP since Oct 10th, 2018 at 8559
The intermediate term trend has been DOWN since Oct 16th, 2018 at 481
The short term trend has been UP since Nov 8th, 2018 at 4942
Smart Scan Analysis for @VI3U
Based on a pre-defined weighted trend formula for chart analysis, @VI3U scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).