Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
MIAX EQUITY ETF CALLS TICKS TOTAL (DTN:@TCMFT)
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 @TCMFT
The long term trend has been DOWN since Nov 6th, 2018 at 13
The intermediate term trend has been UP since Nov 28th, 2018 at 3464
The short term trend has been DOWN since Nov 28th, 2018 at 26
Smart Scan Analysis for @TCMFT
Based on a pre-defined weighted trend formula for chart analysis, @TCMFT scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).