Index Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
NASDAQ OMX BX EQUITY ETF PUTS $ VOL DECLIN (DTN:@DPTFD)
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 @DPTFD
The long term trend has been UP since Sep 24th, 2018 at 5
The intermediate term trend has been UP since Jul 24th, 2018 at 2
The short term trend has been UP since Nov 9th, 2018 at 4
Smart Scan Analysis for @DPTFD
Based on a pre-defined weighted trend formula for chart analysis, @DPTFD scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).