Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
ARCA EQUITY PUTS $ VOL UNCHG (DTN:@DPNEU)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 @DPNEU
The long term trend has been UP since Oct 11th, 2018 at 57
The intermediate term trend has been UP since Oct 19th, 2018 at 63
The short term trend has been UP since Nov 8th, 2018 at 19
Smart Scan Analysis for @DPNEU
Based on a pre-defined weighted trend formula for chart analysis, @DPNEU scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).