Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
NYSE_AMEX PUTS VOLUME UP (DTN:@VPAA)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 @VPAA
The long term trend has been UP since Oct 27th, 2015 at 391
The intermediate term trend has been UP since May 29th, 2018 at 509
The short term trend has been UP since Sep 21st, 2018 at 280
Smart Scan Analysis for @VPAA
Based on a pre-defined weighted trend formula for chart analysis, @VPAA scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).