Index Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
BOX EQUITY ETF PUTS ISSUES UNCHG (DTN:@IPBFU)
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 @IPBFU
The long term trend has been DOWN since Aug 27th, 2018 at 3
The intermediate term trend has been DOWN since Oct 30th, 2018 at 9
The short term trend has been UP since Nov 27th, 2018 at 9
Smart Scan Analysis for @IPBFU
Based on a pre-defined weighted trend formula for chart analysis, @IPBFU scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).