Index Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
RUSSELL 2000 ISSUES VOLUME DOWN (DTN:@VIRD)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 @VIRD
The long term trend has been UP since Jun 22nd, 2018 at 935792
The intermediate term trend has been DOWN since Aug 14th, 2018 at 2551
The short term trend has been DOWN since Sep 18th, 2018 at 4357
Smart Scan Analysis for @VIRD
Based on a pre-defined weighted trend formula for chart analysis, @VIRD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).