Index Trend Analysis Report
Prepared for you on Wednesday, September 20, 2017.
CBOE PUTS ISSUES TOTAL (DTN:@IPCT)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 Aug 24th, 2017 at 350
The intermediate term trend has been UP since Sep 18th, 2017 at 21318
The short term trend has been UP since Sep 18th, 2017 at 21200
Smart Scan Analysis for @IPCT
Based on a pre-defined weighted trend formula for chart analysis, @IPCT scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).