Index Trend Analysis Report
Prepared for you on Wednesday, November 14, 2018.
S&P 500 ISSUES VOLUME UNCHG (DTN:@VI6U)
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 @VI6U
The long term trend has been UP since Feb 6th, 2018 at 126261
The intermediate term trend has been UP since Oct 9th, 2018 at 75223
The short term trend has been DOWN since Nov 7th, 2018 at 9884
Smart Scan Analysis for @VI6U
Based on a pre-defined weighted trend formula for chart analysis, @VI6U scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).