Index Trend Analysis Report
Prepared for you on Sunday, March 18, 2018.
CBOE CALLS TRIN INDEX (DTN:@SCCT)
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 @SCCT
The long term trend has been UP since Feb 7th, 2018 at 4.7061
The intermediate term trend has been UP since Feb 6th, 2018 at 3.3862
The short term trend has been DOWN since Mar 16th, 2018 at 0.5875
Smart Scan Analysis for @SCCT
Based on a pre-defined weighted trend formula for chart analysis, @SCCT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).