Index Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
FTSE 250 ISSUES VOLUME DOWN (DTN:@VIUD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 @VIUD
The long term trend has been DOWN since Jul 3rd, 2018 at 31
The intermediate term trend has been UP since Aug 2nd, 2018 at 214591
The short term trend has been DOWN since Aug 3rd, 2018 at 131
Smart Scan Analysis for @VIUD
Based on a pre-defined weighted trend formula for chart analysis, @VIUD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).