Index Trend Analysis Report
Prepared for you on Monday, October 23, 2017.
BOX CALLS TICKS TOTAL (DTN:@TCBT)
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 @TCBT
The long term trend has been UP since Mar 1st, 2017 at 12463
The intermediate term trend has been UP since Oct 20th, 2017 at 9391
The short term trend has been DOWN since Oct 23rd, 2017 at 15
Smart Scan Analysis for @TCBT
Based on a pre-defined weighted trend formula for chart analysis, @TCBT scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).