Index Trend Analysis Report
Prepared for you on Thursday, December 13, 2018.
CBOE PUTS VOLUME UP (DTN:@VPCA)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 @VPCA
The long term trend has been UP since Jan 7th, 2016 at 2623
The intermediate term trend has been UP since Nov 20th, 2018 at 2064
The short term trend has been UP since Nov 29th, 2018 at 473
Smart Scan Analysis for @VPCA
Based on a pre-defined weighted trend formula for chart analysis, @VPCA scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).