Index Trend Analysis Report
Prepared for you on Wednesday, October 18, 2017.
NASDAQ 100 ISSUES VOLUME UNCHG (DTN:@VI5U)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 @VI5U
The long term trend has been UP since Oct 11th, 2017 at 50810
The intermediate term trend has been UP since Oct 13th, 2017 at 54263
The short term trend has been UP since Oct 13th, 2017 at 54263
Smart Scan Analysis for @VI5U
Based on a pre-defined weighted trend formula for chart analysis, @VI5U scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).