Index Trend Analysis Report
Prepared for you on Friday, August 17, 2018.
ISE EQUITY ETF VOLUME RATIO (DTN:@VRIFT)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 UP since May 16th, 2018 at 5.9117
The intermediate term trend has been DOWN since Aug 14th, 2018 at 0.3259
The short term trend has been UP since Aug 15th, 2018 at 2.4793
Smart Scan Analysis for @VRIFT
Based on a pre-defined weighted trend formula for chart analysis, @VRIFT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).