Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
CBOE PUTS TICKS DOWN (DTN:@TPCD)
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 @TPCD
The long term trend has been UP since Sep 20th, 2018 at 14826
The intermediate term trend has been DOWN since Nov 9th, 2018 at 146
The short term trend has been DOWN since Nov 16th, 2018 at 179
Smart Scan Analysis for @TPCD
Based on a pre-defined weighted trend formula for chart analysis, @TPCD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).