Index Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
NASDAQ 100 VOLATILITY INDEX (NASDAQ:VOLQ)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 VOLQ
The long term trend has been UP since Aug 5th, 2019 at 24.67
The intermediate term trend has been UP since Jul 31st, 2019 at 16.68
The short term trend has been UP since Aug 14th, 2019 at 23.55
Smart Scan Analysis for VOLQ
Based on a pre-defined weighted trend formula for chart analysis, VOLQ scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).