Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
MIAX PUTS VOLUME UP (DTN:@VPMA)
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 @VPMA
The long term trend has been UP since Sep 28th, 2015 at 375
The intermediate term trend has been UP since Aug 10th, 2018 at 233
The short term trend has been UP since Sep 17th, 2018 at 118
Smart Scan Analysis for @VPMA
Based on a pre-defined weighted trend formula for chart analysis, @VPMA scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).