Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
SPX PUT VOLUME (DTN:@VP2T)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 Sep 25th, 2018 at 1815
The short term trend has been UP since Nov 30th, 2018 at 916394
Smart Scan Analysis for @VP2T
Based on a pre-defined weighted trend formula for chart analysis, @VP2T scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).