Index Trend Analysis Report
Prepared for you on Sunday, July 23, 2017.
CBOE CALLS ISSUES ADVANCES (DTN:@ICCA)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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 @ICCA
The long term trend has been DOWN since Mar 27th, 2017 at 194
The intermediate term trend has been UP since Jul 19th, 2017 at 15236
The short term trend has been DOWN since Jul 21st, 2017 at 299
Smart Scan Analysis for @ICCA
Based on a pre-defined weighted trend formula for chart analysis, @ICCA scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).