Index Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
CBOE CALLS ISSUES ADVANCES (DTN:@ICCA)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 UP since Oct 2nd, 2017 at 17016
The intermediate term trend has been DOWN since Oct 25th, 2017 at 214
The short term trend has been UP since Nov 16th, 2017 at 11251
Smart Scan Analysis for @ICCA
Based on a pre-defined weighted trend formula for chart analysis, @ICCA scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).