Index Trend Analysis Report
Prepared for you on Wednesday, August 22, 2018.
CBOE PUT CALL VOLUME RATIO (DTN:@VRCT)
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 @VRCT
The long term trend has been UP since Mar 21st, 2018 at 6.0432
The intermediate term trend has been DOWN since Aug 7th, 2018 at 0.5661
The short term trend has been DOWN since Aug 14th, 2018 at 0.6061
Smart Scan Analysis for @VRCT
Based on a pre-defined weighted trend formula for chart analysis, @VRCT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).