Index Trend Analysis Report
Prepared for you on Friday, August 17, 2018.
ARCA EQUITY ETF PUTS VOLUME DECLINE (DTN:@VPNFD)
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 @VPNFD
The long term trend has been UP since Mar 2nd, 2018 at 271
The intermediate term trend has been DOWN since Jul 27th, 2018 at 74
The short term trend has been UP since Aug 14th, 2018 at 209
Smart Scan Analysis for @VPNFD
Based on a pre-defined weighted trend formula for chart analysis, @VPNFD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).