Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
CBOE PUTS ISSUES TOTAL (DTN:@IPCT)
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 @IPCT
The long term trend has been DOWN since Feb 28th, 2018 at 316
The intermediate term trend has been UP since Jun 15th, 2018 at 26166
The short term trend has been DOWN since Jul 17th, 2018 at 534
Smart Scan Analysis for @IPCT
Based on a pre-defined weighted trend formula for chart analysis, @IPCT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).