Index Trend Analysis Report
Prepared for you on Tuesday, January 16, 2018.
FTSE 100 ISSUES VOLUME UP (DTN:@VIFA)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 @VIFA
The long term trend has been DOWN since Dec 22nd, 2017 at 23
The intermediate term trend has been UP since Jan 9th, 2018 at 283469
The short term trend has been DOWN since Jan 15th, 2018 at 321
Smart Scan Analysis for @VIFA
Based on a pre-defined weighted trend formula for chart analysis, @VIFA scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).