Index Trend Analysis Report
Prepared for you on Wednesday, June 20, 2018.
CBOE INDEX CALLS TICKS DOWN (DTN:@TCCID)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 @TCCID
The long term trend has been DOWN since May 10th, 2018 at 24
The intermediate term trend has been UP since May 29th, 2018 at 1125
The short term trend has been UP since Jun 14th, 2018 at 895
Smart Scan Analysis for @TCCID
Based on a pre-defined weighted trend formula for chart analysis, @TCCID scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).