Index Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
CBOE EQUITY ONLY PUTS ISSUES TOTAL (DTN:@IPCRT)
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 @IPCRT
The long term trend has been DOWN since Nov 27th, 2018 at 153
The intermediate term trend has been DOWN since Nov 21st, 2018 at 170
The short term trend has been UP since Nov 28th, 2018 at 17773
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).