Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
NYSE AMEX EQUITY ETF PUTS TICKS TOTAL (DTN:@TPAFT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 @TPAFT
The long term trend has been UP since Oct 4th, 2018 at 2211
The intermediate term trend has been DOWN since Oct 16th, 2018 at 18
The short term trend has been UP since Oct 18th, 2018 at 1827
Smart Scan Analysis for @TPAFT
Based on a pre-defined weighted trend formula for chart analysis, @TPAFT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).