Index Trend Analysis Report
Prepared for you on Friday, April 20, 2018.
MIAX CALLS $ VOL UNCHG (DTN:@DCMU)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 @DCMU
The long term trend has been DOWN since Mar 23rd, 2018 at 3
The intermediate term trend has been DOWN since Mar 19th, 2018 at 5
The short term trend has been UP since Apr 18th, 2018 at 8
Smart Scan Analysis for @DCMU
Based on a pre-defined weighted trend formula for chart analysis, @DCMU scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).