Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
ARCA EQUITY ETF CALLS TICKS TOTAL (DTN:@TCNFT)
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 @TCNFT
The long term trend has been UP since Oct 4th, 2018 at 3678
The intermediate term trend has been DOWN since Oct 19th, 2018 at 49
The short term trend has been DOWN since Oct 19th, 2018 at 54
Smart Scan Analysis for @TCNFT
Based on a pre-defined weighted trend formula for chart analysis, @TCNFT scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).