Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
EDGX EQUITY ETF CALLS TICKS DOWN (DTN:@TCEFD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 @TCEFD
The long term trend has been UP since Mar 1st, 2018 at 1175
The intermediate term trend has been UP since Oct 4th, 2018 at 1110
The short term trend has been DOWN since Nov 13th, 2018 at 7
Smart Scan Analysis for @TCEFD
Based on a pre-defined weighted trend formula for chart analysis, @TCEFD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).