Index Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
S&P 500 ISSUES VOLUME UNCHG (DTN:@VI6U)
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 @VI6U
The long term trend has been UP since Feb 6th, 2018 at 126261
The intermediate term trend has been UP since Aug 10th, 2018 at 104703
The short term trend has been DOWN since Aug 15th, 2018 at 7068
Smart Scan Analysis for @VI6U
Based on a pre-defined weighted trend formula for chart analysis, @VI6U scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).