Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
CBOE EQUITY CALLS $ VOL DECLINE (DTN:@DCCED)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 @DCCED
The long term trend has been UP since Jun 25th, 2018 at 3929
The intermediate term trend has been UP since Oct 4th, 2018 at 3041
The short term trend has been DOWN since Oct 12th, 2018 at 5
Smart Scan Analysis for @DCCED
Based on a pre-defined weighted trend formula for chart analysis, @DCCED scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).