Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
S&P 100 ISSUES VOLUME UNCHG (DTN:@VI8U)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 @VI8U
The long term trend has been DOWN since Apr 16th, 2018 at 944
The intermediate term trend has been DOWN since Aug 2nd, 2018 at 1074
The short term trend has been UP since Aug 17th, 2018 at 40868
Smart Scan Analysis for @VI8U
Based on a pre-defined weighted trend formula for chart analysis, @VI8U scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).