Index Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
MIAX PUTS ISSUES DECLINES (DTN:@IPMD)
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 @IPMD
The long term trend has been UP since Jul 14th, 2017 at 5257
The intermediate term trend has been UP since Oct 20th, 2017 at 5047
The short term trend has been UP since Oct 20th, 2017 at 4291
Smart Scan Analysis for @IPMD
Based on a pre-defined weighted trend formula for chart analysis, @IPMD scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).