Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
ISE EQUITY ETF VOLUME RATIO (DTN:@VRIFT)
Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 @VRIFT
The long term trend has been DOWN since Sep 6th, 2018 at 0.2670
The intermediate term trend has been DOWN since Nov 29th, 2018 at 0.4309
The short term trend has been DOWN since Nov 30th, 2018 at 0.3895
Smart Scan Analysis for @VRIFT
Based on a pre-defined weighted trend formula for chart analysis, @VRIFT scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).