Index Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
NASDAQ COMB ISSUES VOLUME UNCHG (DTN:@VIQU)
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 @VIQU
The long term trend has been DOWN since Jul 12th, 2017 at 432
The intermediate term trend has been DOWN since Oct 10th, 2017 at 642
The short term trend has been UP since Oct 11th, 2017 at 66333
Smart Scan Analysis for @VIQU
Based on a pre-defined weighted trend formula for chart analysis, @VIQU scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).