Index Trend Analysis Report
Prepared for you on Sunday, December 9, 2018.
CBOE PUTS TRIN INDEX (DTN:@SPCT)
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 @SPCT
The long term trend has been DOWN since Sep 25th, 2018 at 0.3634
The intermediate term trend has been DOWN since Nov 2nd, 2018 at 0.4596
The short term trend has been DOWN since Nov 21st, 2018 at 0.6275
Smart Scan Analysis for @SPCT
Based on a pre-defined weighted trend formula for chart analysis, @SPCT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).