Index Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
MIAX PUTS ISSUES DECLINES (DTN:@IPMD)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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 @IPMD
The long term trend has been DOWN since Mar 2nd, 2018 at 10
The intermediate term trend has been DOWN since Mar 2nd, 2018 at 11
The short term trend has been DOWN since Mar 16th, 2018 at 25
Smart Scan Analysis for @IPMD
Based on a pre-defined weighted trend formula for chart analysis, @IPMD scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).