Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
CBOE CALLS TICKS DOWN (DTN:@TCCD)
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 @TCCD
The long term trend has been UP since Jun 25th, 2018 at 19410
The intermediate term trend has been DOWN since Oct 19th, 2018 at 243
The short term trend has been DOWN since Oct 19th, 2018 at 282
Smart Scan Analysis for @TCCD
Based on a pre-defined weighted trend formula for chart analysis, @TCCD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).