Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
BOX EQUITY ETF CALLS ISSUES DECLINE (DTN:@ICBFD)
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 @ICBFD
The long term trend has been UP since Mar 1st, 2018 at 694
The intermediate term trend has been UP since Mar 1st, 2018 at 694
The short term trend has been DOWN since Oct 19th, 2018 at 666
Smart Scan Analysis for @ICBFD
Based on a pre-defined weighted trend formula for chart analysis, @ICBFD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).