Index Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
OEX PUT VOLUME (DTN:@VP1T)
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 @VP1T
The long term trend has been UP since Oct 20th, 2015 at 2146
The intermediate term trend has been UP since Apr 28th, 2016 at 3773
The short term trend has been DOWN since Oct 12th, 2018 at 4
Smart Scan Analysis for @VP1T
Based on a pre-defined weighted trend formula for chart analysis, @VP1T scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).