Index Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
CBOE PUTS ISSUES UNCHG (DTN:@IPCU)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Jul 18th, 2018 at 756
The short term trend has been UP since Aug 17th, 2018 at 585
Smart Scan Analysis for @IPCU
Based on a pre-defined weighted trend formula for chart analysis, @IPCU scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).