Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
BOX EQUITY ETF PUTS ISSUES UNCHG (DTN:@IPBFU)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management 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 @IPBFU
The long term trend has been UP since Apr 18th, 2018 at 16
The intermediate term trend has been UP since Aug 14th, 2018 at 19
The short term trend has been UP since Aug 17th, 2018 at 22
Smart Scan Analysis for @IPBFU
Based on a pre-defined weighted trend formula for chart analysis, @IPBFU scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).