Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
ARCA EQUITY ETF CALLS TICKS TOTAL (DTN:@TCNFT)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since May 4th, 2018 at 34
The intermediate term trend has been DOWN since Apr 9th, 2018 at 50
The short term trend has been UP since May 21st, 2018 at 2617
Smart Scan Analysis for @TCNFT
Based on a pre-defined weighted trend formula for chart analysis, @TCNFT scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).