Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
CBOE EQUITY ONLY PUTS ISSUES TOTAL (DTN:@IPCRT)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 @IPCRT
The long term trend has been UP since Jun 25th, 2018 at 20399
The intermediate term trend has been UP since Oct 5th, 2018 at 20218
The short term trend has been DOWN since Oct 19th, 2018 at 219
Smart Scan Analysis for @IPCRT
Based on a pre-defined weighted trend formula for chart analysis, @IPCRT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).