Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
ARCA EQUITY ETF PUTS VOLUME DECLINE (DTN:@VPNFD)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 Oct 19th, 2018 at 63
The short term trend has been DOWN since Oct 17th, 2018 at 302
Smart Scan Analysis for @VPNFD
Based on a pre-defined weighted trend formula for chart analysis, @VPNFD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).