Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
CBOE PUTS ISSUES UNCHG (DTN:@IPCU)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 @IPCU
The long term trend has been UP since May 18th, 2018 at 791
The intermediate term trend has been UP since May 18th, 2018 at 755
The short term trend has been UP since May 11th, 2018 at 580
Smart Scan Analysis for @IPCU
Based on a pre-defined weighted trend formula for chart analysis, @IPCU scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).