Index Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
C2 INDEX VOLUME RATIO (DTN:@VRWIT)
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 @VRWIT
The long term trend has been DOWN since Sep 21st, 2018 at 0.1047
The intermediate term trend has been DOWN since Nov 28th, 2018 at 0.4183
The short term trend has been DOWN since Nov 28th, 2018 at 0.6159
Smart Scan Analysis for @VRWIT
Based on a pre-defined weighted trend formula for chart analysis, @VRWIT scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).