Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
NASDAQ OMX BX EQUITY ETF CALLS TICKS DECLI (DTN:@TCTFD)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 @TCTFD
The long term trend has been UP since Mar 1st, 2018 at 245
The intermediate term trend has been UP since Jul 27th, 2018 at 123
The short term trend has been UP since Nov 12th, 2018 at 165
Smart Scan Analysis for @TCTFD
Based on a pre-defined weighted trend formula for chart analysis, @TCTFD scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).