Index Trend Analysis Report
Prepared for you on Saturday, March 25, 2017.
MIAX PUTS ISSUES DECLINES (DTN:@IPMD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 @IPMD
The long term trend has been DOWN since Mar 8th, 2017 at 10
The intermediate term trend has been DOWN since Feb 13th, 2017 at 18
The short term trend has been UP since Mar 24th, 2017 at 2925
Smart Scan Analysis for @IPMD
Based on a pre-defined weighted trend formula for chart analysis, @IPMD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).