Index Trend Analysis Report
Prepared for you on Friday, June 22, 2018.
MIAX PUTS TICKS UP (DTN:@TPMA)
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 @TPMA
The long term trend has been UP since Jan 30th, 2018 at 6111
The intermediate term trend has been DOWN since Jun 6th, 2018 at 17
The short term trend has been DOWN since Jun 20th, 2018 at 46
Smart Scan Analysis for @TPMA
Based on a pre-defined weighted trend formula for chart analysis, @TPMA scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).