Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
NASDAQ 100 ISSUES VOLUME DOWN (DTN:@VI5D)
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 @VI5D
The long term trend has been DOWN since Feb 12th, 2018 at 361
The intermediate term trend has been UP since Jul 26th, 2018 at 386291
The short term trend has been DOWN since Aug 16th, 2018 at 1153
Smart Scan Analysis for @VI5D
Based on a pre-defined weighted trend formula for chart analysis, @VI5D scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).