Index Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
EDGX PUTS ISSUES DOWN (DTN:@IPED)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight 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 @IPED
The long term trend has been UP since Nov 6th, 2015 at 2
The intermediate term trend has been UP since Oct 16th, 2018 at 5030
The short term trend has been DOWN since Oct 16th, 2018 at 8
Smart Scan Analysis for @IPED
Based on a pre-defined weighted trend formula for chart analysis, @IPED scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).