Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
FTSE 100 ISSUES VOLUME TOTAL (DTN:@VIFT)
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 @VIFT
The long term trend has been DOWN since Mar 13th, 2018 at 396
The intermediate term trend has been DOWN since Oct 18th, 2018 at 803
The short term trend has been UP since Oct 19th, 2018 at 591761
Smart Scan Analysis for @VIFT
Based on a pre-defined weighted trend formula for chart analysis, @VIFT scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).