Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
S&P 500 ISSUES VOLUME UNCHG (DTN:@VI6U)
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 @VI6U
The long term trend has been UP since Feb 6th, 2018 at 126261
The intermediate term trend has been DOWN since May 21st, 2018 at 4192
The short term trend has been DOWN since May 21st, 2018 at 9380
Smart Scan Analysis for @VI6U
Based on a pre-defined weighted trend formula for chart analysis, @VI6U scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).