Index Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
NYSE ISSUES VOLUME DOWN (DTN:@VIND)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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 @VIND
The long term trend has been DOWN since Aug 16th, 2018 at 1725
The intermediate term trend has been DOWN since Aug 16th, 2018 at 2421
The short term trend has been DOWN since Sep 19th, 2018 at 5206
Smart Scan Analysis for @VIND
Based on a pre-defined weighted trend formula for chart analysis, @VIND scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).