Index Trend Analysis Report
Prepared for you on Wednesday, November 14, 2018.
NYSE AMEX EQUITY ETF PUTS ISSUES TOTAL (DTN:@IPAFT)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 @IPAFT
The long term trend has been DOWN since Nov 5th, 2018 at 10
The intermediate term trend has been DOWN since Oct 16th, 2018 at 18
The short term trend has been UP since Nov 14th, 2018 at 2320
Smart Scan Analysis for @IPAFT
Based on a pre-defined weighted trend formula for chart analysis, @IPAFT scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).