Index Trend Analysis Report
Prepared for you on Monday, May 1, 2017.
MIAX PUTS ISSUES DECLINES (DTN:@IPMD)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 UP since Apr 20th, 2017 at 4079
The short term trend has been DOWN since Apr 27th, 2017 at 20
Smart Scan Analysis for @IPMD
Based on a pre-defined weighted trend formula for chart analysis, @IPMD scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).