Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
BATS EQUITY PUTS TICKS UP (DTN:@TPZEA)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 @TPZEA
The long term trend has been UP since Oct 4th, 2018 at 9784
The intermediate term trend has been DOWN since Oct 15th, 2018 at 7
The short term trend has been DOWN since Oct 15th, 2018 at 18
Smart Scan Analysis for @TPZEA
Based on a pre-defined weighted trend formula for chart analysis, @TPZEA scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).