Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
SPX PUT VOLUME (DTN:@VP2T)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 @VP2T
The long term trend has been DOWN since Aug 4th, 2016 at 460
The intermediate term trend has been DOWN since Jan 29th, 2018 at 911
The short term trend has been DOWN since Feb 8th, 2018 at 12236
Smart Scan Analysis for @VP2T
Based on a pre-defined weighted trend formula for chart analysis, @VP2T scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).