Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
S&P 500 ISSUES VOLUME DOWN (DTN:@VI6D)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 @VI6D
The long term trend has been DOWN since Oct 20th, 2015 at 24336
The intermediate term trend has been DOWN since Nov 22nd, 2017 at 5002
The short term trend has been DOWN since Oct 12th, 2018 at 8746
Smart Scan Analysis for @VI6D
Based on a pre-defined weighted trend formula for chart analysis, @VI6D scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).