Index Trend Analysis Report
Prepared for you on Tuesday, June 19, 2018.
NASDAQ 100 ISSUES VOLUME UNCHG (DTN:@VI5U)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 Feb 6th, 2018 at 54504
The intermediate term trend has been UP since May 30th, 2018 at 63005
The short term trend has been DOWN since Jun 15th, 2018 at 1758
Smart Scan Analysis for @VI5U
Based on a pre-defined weighted trend formula for chart analysis, @VI5U scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).