Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
CBOE CALLS TRIN INDEX (DTN:@SCCT)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 @SCCT
The long term trend has been DOWN since Jul 11th, 2018 at 0.2786
The intermediate term trend has been DOWN since Jul 11th, 2018 at 0.4088
The short term trend has been UP since Jul 13th, 2018 at 1.9645
Smart Scan Analysis for @SCCT
Based on a pre-defined weighted trend formula for chart analysis, @SCCT scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).