Index Trend Analysis Report
Prepared for you on Saturday, August 19, 2017.
S&P 100 ISSUES VOLUME UP (DTN:@VI8A)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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 @VI8A
The long term trend has been DOWN since Mar 6th, 2017 at 775
The intermediate term trend has been DOWN since Aug 8th, 2017 at 1471
The short term trend has been DOWN since Aug 17th, 2017 at 4968
Smart Scan Analysis for @VI8A
Based on a pre-defined weighted trend formula for chart analysis, @VI8A scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).