Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
CBOE PUTS TICKS DOWN (DTN:@TPCD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 @TPCD
The long term trend has been DOWN since Feb 21st, 2018 at 130
The intermediate term trend has been UP since Aug 17th, 2018 at 14131
The short term trend has been DOWN since Sep 18th, 2018 at 414
Smart Scan Analysis for @TPCD
Based on a pre-defined weighted trend formula for chart analysis, @TPCD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).