Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
NYSE ISSUES VOLUME UP (DTN:@VINA)
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 @VINA
The long term trend has been DOWN since Mar 14th, 2017 at 3536
The intermediate term trend has been DOWN since Oct 18th, 2018 at 4392
The short term trend has been DOWN since Oct 17th, 2018 at 8400
Smart Scan Analysis for @VINA
Based on a pre-defined weighted trend formula for chart analysis, @VINA scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).