Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
RUSSELL 2000 ISSUES VOLUME UP (DTN:@VIRA)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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 Oct 3rd, 2018 at 829216
The intermediate term trend has been UP since Oct 3rd, 2018 at 829216
The short term trend has been DOWN since Oct 17th, 2018 at 6007
Smart Scan Analysis for @VIRA
Based on a pre-defined weighted trend formula for chart analysis, @VIRA scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).