Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
MIAX CALLS TICKS TOTAL (DTN:@TCMT)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 @TCMT
The long term trend has been UP since Jun 15th, 2018 at 16168
The intermediate term trend has been DOWN since Jun 27th, 2018 at 80
The short term trend has been DOWN since Jul 18th, 2018 at 142
Smart Scan Analysis for @TCMT
Based on a pre-defined weighted trend formula for chart analysis, @TCMT scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).