Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
CBOE EQUITY ONLY CALLS ISSUES TOTAL (DTN:@ICCRT)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 @ICCRT
The long term trend has been UP since Jun 15th, 2018 at 25885
The intermediate term trend has been DOWN since Jun 28th, 2018 at 313
The short term trend has been DOWN since Jul 17th, 2018 at 394
Smart Scan Analysis for @ICCRT
Based on a pre-defined weighted trend formula for chart analysis, @ICCRT scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).