Index Trend Analysis Report
Prepared for you on Thursday, February 22, 2018.
CBOE PUTS ISSUES DECLINES (DTN:@IPCD)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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 @IPCD
The long term trend has been UP since Feb 14th, 2018 at 17843
The intermediate term trend has been UP since Feb 14th, 2018 at 16857
The short term trend has been DOWN since Feb 20th, 2018 at 229
Smart Scan Analysis for @IPCD
Based on a pre-defined weighted trend formula for chart analysis, @IPCD scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).