Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
NASDAQ PUTS $ VOL NET (DTN:@DPQN)
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 @DPQN
The long term trend has been DOWN since Feb 7th, 2018 at -464
The intermediate term trend has been DOWN since Jul 9th, 2018 at -506
The short term trend has been UP since Jul 11th, 2018 at 3
Smart Scan Analysis for @DPQN
Based on a pre-defined weighted trend formula for chart analysis, @DPQN scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).