Index Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
ISE EQUITY VOLUME RATIO (DTN:@VRIET)
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 @VRIET
The long term trend has been UP since May 16th, 2018 at 2.2424
The intermediate term trend has been UP since Sep 17th, 2018 at 1.6057
The short term trend has been DOWN since Sep 18th, 2018 at 0.6737
Smart Scan Analysis for @VRIET
Based on a pre-defined weighted trend formula for chart analysis, @VRIET scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).