Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
BOX EQUITY VOLUME RATIO (DTN:@VRBET)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 @VRBET
The long term trend has been DOWN since Sep 21st, 2018 at 0.0206
The intermediate term trend has been DOWN since Oct 17th, 2018 at 0.0714
The short term trend has been DOWN since Oct 12th, 2018 at 0.2195
Smart Scan Analysis for @VRBET
Based on a pre-defined weighted trend formula for chart analysis, @VRBET scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).