Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
CBOE INDEX PUTS ISSUES UNCHG (DTN:@IPCIU)
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 @IPCIU
The long term trend has been UP since Feb 28th, 2018 at 85
The intermediate term trend has been UP since Apr 11th, 2018 at 67
The short term trend has been DOWN since May 21st, 2018 at 4
Smart Scan Analysis for @IPCIU
Based on a pre-defined weighted trend formula for chart analysis, @IPCIU scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).