Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
CBOE INDEX PUTS $ VOL TOTAL (DTN:@DPCIT)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 @DPCIT
The long term trend has been DOWN since May 24th, 2018 at 6
The intermediate term trend has been UP since Aug 10th, 2018 at 10887
The short term trend has been UP since Aug 10th, 2018 at 7590
Smart Scan Analysis for @DPCIT
Based on a pre-defined weighted trend formula for chart analysis, @DPCIT scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).