Index Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
CBOE PUTS TICKS DOWN (DTN:@TPCD)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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 @TPCD
The long term trend has been DOWN since Feb 21st, 2018 at 130
The intermediate term trend has been DOWN since May 1st, 2018 at 104
The short term trend has been DOWN since Jun 6th, 2018 at 236
Smart Scan Analysis for @TPCD
Based on a pre-defined weighted trend formula for chart analysis, @TPCD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).