Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
NASDAQ EQUITY PUTS VOLUME DECLINE (DTN:@VPQED)
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 @VPQED
The long term trend has been UP since Feb 21st, 2018 at 349
The intermediate term trend has been UP since Feb 21st, 2018 at 349
The short term trend has been UP since Oct 12th, 2018 at 382
Smart Scan Analysis for @VPQED
Based on a pre-defined weighted trend formula for chart analysis, @VPQED scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).