Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
FTSE 100 ISSUES VOLUME TOTAL (DTN:@VIFT)
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 @VIFT
The long term trend has been DOWN since Mar 13th, 2018 at 396
The intermediate term trend has been DOWN since May 22nd, 2018 at 1257
The short term trend has been DOWN since May 15th, 2018 at 2099
Smart Scan Analysis for @VIFT
Based on a pre-defined weighted trend formula for chart analysis, @VIFT scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).