Index Trend Analysis Report
Prepared for you on Thursday, January 18, 2018.
RUSSELL 2000 ISSUES VOLUME UP (DTN:@VIRA)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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 @VIRA
The long term trend has been UP since Jan 11th, 2018 at 938165
The intermediate term trend has been UP since Jan 11th, 2018 at 938165
The short term trend has been UP since Jan 10th, 2018 at 527466
Smart Scan Analysis for @VIRA
Based on a pre-defined weighted trend formula for chart analysis, @VIRA scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).