Index Trend Analysis Report
Prepared for you on Thursday, May 25, 2017.
S&P 100 ISSUES VOLUME UP (DTN:@VI8A)
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 @VI8A
The long term trend has been DOWN since Mar 6th, 2017 at 775
The intermediate term trend has been DOWN since May 10th, 2017 at 2064
The short term trend has been DOWN since May 23rd, 2017 at 6330
Smart Scan Analysis for @VI8A
Based on a pre-defined weighted trend formula for chart analysis, @VI8A scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).